Space
Finished area and layout
- Square Feet
- 1,500-2,000 sqft
- Bedrooms
- 3
- Bathrooms
- 3
+23 more
3
Bedrooms
3
Bathrooms
1,500-2,000 sqft
Square Feet
58.5 x 83.5 ft
Lot
3
Parking
Property Snapshot
Key details for this listing
MLS #X13109596
Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Ownership
- Freehold
- Basement
About This Property
This 3-bedroom, 3-bathroom multi-family in St. Thomas offers 1,500-2,000 sqft of square feet on a 58.5 x 83.5 ft lot. 2 storeys. The property has lot dimensions of 58.5 x 83.5 FT. The home features forced air, natural gas heating, central air conditioning, wall unit, a separate entrance, n/a basement. Highlights include a 3-car garage.
MLS Remarks
An exceptional opportunity to own a well-maintained and extensively updated triplex offering strong income potential and long-term investment stability. This property features three self-contained 1-bedroom units, private outdoor spaces, and numerous capital improvements throughout. Unit 1 - (Main Floor) Front Bright and inviting 1-bedroom unit featuring a covered front porch. Long-term month-to-month tenant currently paying $698/month + hydro. Unit 2 - (Upper Unit) 1-bedroom unit with a private balcony. Currently leased at $1,035.32/month + hydro. Unit 3 - (Main Floor Back) Fully renovated in 2023 with a modern open-concept layout, this stylish 1-bedroom unit includes a covered porch and large private rear deck. Currently leased at $1500. Additional income is generated through a coin-operated washer and dryer installed in 2021, averaging approximately $800-$1,000 annually. Recent Updates Include: Shingles (2019), Main porch railing (2020), Front door with keyless entry (2020), Most windows replaced, Main floor front unit renovation (2020), including flooring, paint, trim, and bathroom updates, Upper unit flooring updates (2021), New furnace with dual heat control (November 2021), Owned water heaters. This property also offers two driveways with parking for three vehicles. Covered porches and private outdoor areas enhancing tenant appeal and overall value. A turnkey addition to any investment portfolio with reliable rental income, quality tenants, and significant recent improvements. (id:60351)
Inclusions
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