Welcome to 33 Station located in growing St. Thomas. This six-unit building offers an exceptional opportunity for savvy investors. Comprised of 2 x three-bedroom units, 2 x two-bedroom units, and 2 x one-bedroom units. 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 hot spot 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 income potential. 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. Don't miss out on this fantastic opportunity. (id:4069)
Address
33 STATION STREET
List Price
$800,000
Property Type
Multi-family
Type of Dwelling
Multi-Family
Transaction Type
Sale
Area
Ontario
Sub-Area
St Thomas
Bathrooms
6
Floor Area
4,326 Sq. Ft.
Lot Size
0.185 Sq. Ft.
Lot Depth
120 ft
Frontage Length
64 ft ,4 in
MLS® Number
X13484876
Listing Brokerage
KELLER WILLIAMS LIFESTYLES
Postal Code
N5P2X1
Zoning
R4
Parking Places (Total)
6
Site Influences
Public Transit, Recreation
Heat Source
Natural gas
Heat Type
Hot water radiator heat, Radiant heat
Cooling Features
None
Water Source
Municipal water
Sewer
Sanitary sewer
