| Bathrooms6 | Property TypeMulti-family |
| Building Area4326 square feet |
Welcome to 33 Station located in growing St. Thomas. This six-unit building offers an exceptional opportunity for savvy investors. Comprised of two three-bedroom units, two two-bedroom units, and two one-bedroom units, Net operating income of $74,725.33, the building features seven hydro meters, one water meter, and one gas meter, ensuring efficient utility management. Recent updates include windows, kitchens, bathrooms, electrical, and plumbing. St. Thomas is experiencing a surge in development, making it a hotspot for investors. Major projects such as the new VW Battery Plant and the Amazon Facility are driving economic growth and attracting a robust workforce. The great tenant profile currently residing in the building offers stability, with room for rent increases, further increasing the propertys income potential. Additionally, theres potential for developing more units in the basement. This property offers a 6.6% cap rate. Interested parties are encouraged to inquire about competitive financing options available. Located in a thriving area with easy access to essential amenities, public transportation, schools, and parks. The combination of solid income, future development opportunities, and a prime location makes this property an excellent addition to any investment portfolio. Dont miss out on this fantastic opportunity. (id:15069) Please visit : Multimedia link for more photos and information |
| Business TypeResidential | Business Sub TypeApartments |
| Amenities NearbyPublic Transit | Parking Spaces6 |
| TransactionFor sale | Zoning DescriptionR4 |
| Bathrooms (Total)6 | Heating FuelNatural gas |
| HeatingHot water radiator heat | Size Exterior4326 sqft |
| Size Interior4326 sqft | TypeMulti-Family |
| Utility WaterMunicipal water |
| Size Frontage64 ft | AmenitiesPublic Transit |
| SewerSanitary sewer | Size Depth120 ft |
| Size IrregularBldg=64.41 x 120 FT |
Listing Office: KELLER WILLIAMS LIFESTYLES
Data Provided by London and St. Thomas Association of REALTORS®
Last Modified :25/07/2024 09:21:04 AM
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