| Bathrooms4 | Bedrooms4 |
| Property TypeMulti-family |
Attention investors! Seize the opportunity to own a fully rented, cash-flowing fourplex in an excellent location. This well-maintained property features 2 one-bedroom units & 2 two-bedroom units, completely rented out. Unit #1: $1,300/month (fully renovated in 2022)Unit #2: $1,000/month, Unit #3: $465/month (tenant pays electricity)Unit #4: $750/month, a total annual rent of $42,180, ensuring immediate profitability. Updates include; New steel roof installed in 2024, New water heater in 2024 and new furnace in 2022 and a new walkway in 2022, enhancing curb appeal and property accessibility. Situated just a couple of blocks from the vibrant shops on Talbot Street and the Horton Farmers Market, this property offers convenience and charm. St. Thomas continues to grow and with Volkswagen set to build the new battery cell Gigafactory in 2027, now is the perfect time for first-time investors or seasoned professionals to expand their portfolio to get into the market! (id:15069) |
| FeaturesFlat site | Parking Spaces0 |
| TransactionFor sale | Zoning DescriptionRES |
| Bedrooms Main level4 | Architectural StyleBungalow |
| Basement DevelopmentUnfinished | BasementPartial (Unfinished) |
| Exterior FinishWood, Vinyl siding | FoundationBlock |
| Bathrooms (Total)4 | Heating FuelNatural gas |
| HeatingForced air | Storeys Total1 |
| TypeOther | Utility WaterMunicipal water |
| Size Frontage55 ft | SewerSanitary sewer |
| Size Depth107 ft | Size Irregular55 x 107 FT |
Listing Office: MAVERICK REAL ESTATE INC.
Data Provided by London and St. Thomas Association of REALTORS®
Last Modified :18/07/2024 03:21:40 PM
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