209 Murray Street

Introducing a remarkable opportunity: a Multi-Family Home for sale in Chatham-Kent, located at 209 Murray Street, Chatham-Kent. This impressive property is a legal duplex, strategically situated to provide both comfort and potential income. The residence is comprised of two distinct units, offering an ideal arrangement for those looking to live in one unit while renting out the other, or for investors seeking a lucrative rental opportunity.

The main unit, located at 331 King Street, features three spacious bedrooms and one and a half bathrooms, providing ample living space for families or individuals. The living room is designed for relaxation and entertainment, while the well-appointed kitchen and dining area are perfect for family meals and gatherings. Additionally, this unit boasts a separate laundry area and access to an unfinished basement with a separate entrance, presenting further possibilities for storage or additional living space.

The second unit, accessible from the ground level at 209 Murray Street, offers a welcoming atmosphere with two bedrooms and a bathroom. This unit is designed for convenience, featuring a kitchen and a living area that flows seamlessly into a large family room, ideal for socialising or unwinding. A laundry closet is also included, ensuring that all necessary amenities are within easy reach. The second access point at the rear leads up to a balcony on the second floor, providing a lovely outdoor space to enjoy the surroundings.

This Multi-Family Home for sale in Chatham-Kent is not only functional but also practical, as both units are separately metered and equipped with their own hot water tanks, which are owned outright. The property is situated on a generous lot measuring 64 by 112 feet, providing ample outdoor space for activities or relaxation. Although there is no pool or fireplace, the home is equipped with central air conditioning, ensuring comfort throughout the warmer months.

The exterior of the building features durable vinyl siding, contributing to the property's low maintenance requirements. The detached garage offers space for two vehicles, measuring 21 by 20 feet and equipped with power, making it a valuable addition for those with multiple cars or needing extra storage. The private triple driveway accommodates up to four parking spaces, ensuring convenience for residents and guests alike.

The property is fully fenced, providing security and privacy, while two storage areas located off the back of the garage offer additional space for tools or outdoor equipment. Recent upgrades include new appliances at both units, with the appliances for 331 King Street updated in 2023 and those for 209 Murray Street scheduled for 2024. The air conditioning unit for 331 King was also replaced in 2023, along with a new roof for 209 Murray Street and a concrete driveway, all completed in 2023.

In summary, this Multi-Family Home for sale in Chatham-Kent, located at 209 Murray Street, Chatham-Kent, presents an exceptional opportunity for both homeowners and investors. With a total of five bedrooms and three bathrooms across two well-designed units, this property offers versatility and potential for income generation. The combination of a spacious layout, practical features, and recent upgrades makes this home a standout choice in the Wallaceburg community. Don't miss your chance to explore this unique offering—schedule a viewing today and discover the possibilities that await at 209 Murray Street, Chatham-Kent.

Wallaceburg, nestled within the municipality of Chatham-Kent, is a charming riverside town that offers a unique blend of natural beauty and small-town charm. Situated along the banks of the Sydenham River, it boasts picturesque landscapes and a rich history rooted in the local Indigenous and settler communities. The town features a variety of amenities, including local shops, parks, and recreational facilities, making it an ideal place for families and individuals alike. With a strong sense of community spirit and a welcoming atmosphere, Wallaceburg provides a tranquil yet vibrant lifestyle, perfect for those seeking a peaceful retreat while remaining connected to the conveniences of urban living.

Schools in the Neighbourhood

This property is conveniently located near two reputable educational institutions, making it an excellent choice for families. The H. W. Burgess Public School, an elementary school under the Lambton Kent District School Board, is just 0.9 km away. It caters to students from Full-Day Kindergarten to Grade 6 and has received a commendable school rating of 4. For secondary education, Wallaceburg District Secondary School is located only 1.1 km from the property. This public school also falls under the Lambton Kent District School Board and serves grades 9 to 12, boasting an impressive school rating of 4.5. Both schools offer English as the language of instruction, ensuring a consistent educational experience. The proximity to these schools not only provides convenience for daily commutes but also contributes to a vibrant community atmosphere, making this property an attractive option for those prioritizing education in their home search. Overall, the quality of nearby schools enhances the appeal of this property, promising a supportive environment for children's academic growth.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 391 residents, with an average household size of 2.4 people. The community is relatively mature, with an average age of 39.3 years. The average household income stands at $78,000, although 16.5% of the population is classified as low-income. The average property price in the area is approximately $240,000, making it an accessible market for potential buyers. Notably, 44.26% of the residents are single, and one-third of households (33.33%) include children, indicating a family-friendly environment. Renters comprise a significant portion of the population at 45.16%, while there are no condominiums available in the area. Educational attainment is relatively high, with 42.19% of residents holding a college or university degree. However, a considerable segment of the population, 40.63%, is not actively participating in the labor force, which may influence the local economy. Additionally, immigrants represent 8% of the community, contributing to its diversity. Overall, this demographic snapshot suggests a balanced mix of families, singles, and a range of income levels, making it an intriguing area for potential real estate investment.