47 Sherman Street , Chatham-Kent
Welcome to 47 Sherman Street in Chatham - a rare opportunity to acquire a legal, purpose-built four-unit residential income property. Whether you're an investor looking to expand your portfolio or a buyer seeking strong rental potential, this property offers both immediate income and significant upside. Comprised of four self-contained units, the building provides a solid multi-residential layout with one unit currently vacant - perfect for a buyer to renovate and set their own market rent. The remaining units offer existing tenancy, allowing for income while improvements are made over time. This is an ideal value-add opportunity. With strategic renovations and updates, there is clear upside potential to increase rental income and overall property value. Improve the units, optimize tenant quality, and lease at today's market rates to unlock the asset's full earning potential. Situated in a convenient Chatham location close to amenities, schools, and transit, this property is well-positioned for consistent rental demand. Whether you're looking to renovate, reposition, and maximize returns, or simply add a stablemulti-unit asset to your portfolio, 47 Sherman Street delivers on both flexibility and future growth.
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47 Sherman Street, Chatham-Kent, ON N0P 1A0
Based on last 90 days transactions for Fourplex Properties in the Blenheim community.
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47 Sherman Street is a Residential Property located in the city of Chatham-Kent. 47 Sherman Street has been listed For Sale at $850,000 since Apr 17 2026. This Fourplex has 8 bedrooms, 8 bathrooms and is 2500-3000 sqft. Situated in Blenheim neighbourhood , with the nearest intersection being Sherman/Chatham St N.
Listing Brokerage: RE/MAX REALTRON REALTY INC.