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$999,999
Est. payment /mo
12 Beds
6 Baths
UPDATED:
01/08/2025 05:08 PM
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
MLS Listing ID X11913325
Style 2 1/2 Storey
Bedrooms 12
Annual Tax Amount $4,659
Tax Year 2024
Property Description
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. 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.
Location
Province ON
County Elgin
Community Nw
Area Elgin
Zoning R4
Region NW
City Region NW
Rooms
Family Room Yes
Basement Unfinished, Full
Kitchen 6
Separate Den/Office 3
Interior
Interior Features Separate Hydro Meter, Water Heater Owned
Cooling None
Inclusions Kitchen Appliances
Exterior
Exterior Feature Year Round Living, Lighting, Porch, Deck
Parking Features Private
Garage Spaces 6.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 64.41
Lot Depth 120.0
Total Parking Spaces 6
Building
Foundation Unknown
Others
Security Features Smoke Detector
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Listed by KELLER WILLIAMS LIFESTYLES