$850,000
FOR SALE

Fourplex 2-Storey

Bedrooms: 12Bathrooms: 8Lot: 82.3 x 147 ft
2025 Taxes: $5,836

47 Sherman St
Chatham-Kent, ON N0P 1A0 | Blenheim

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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Listed By RE/MAX REALTRON REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13014756
Last Updated Apr 17, 2026
Property Summary
Property Type Fourplex

More like this:
Legal Description LT 9 & PT LTS 8 & 10, N SHERMAN & PT LTS 31, 32 & 33, S CATHCART ,PLAN 96, PT 1, 24R-1982 BLENHEIM
Possession Date ASAP
Taxes (2025) $5,836
Directions/Cross Streets Sherman/Chatham St N
Neighbourhood Blenheim
Area Chatham-Kent
Price History

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Detailed Information
Fronting On North
Special Designations Unknown
Bedrooms 12
Bathrooms 8
Lot 82.3 x 147 ft
Exterior Brick
Air Conditioning None
Basement Partially Finished
Garage Type None
Parking Spaces 12
Heat Source Gas
Heat Type Forced Air
Sewers Sewer

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