67-69 Elizabeth Street,St. Thomas, ON N5R2X3
St. Thomas, ON N5R2X3
Description
Two semi-detached homes under one ownership! Welcome to 67-69 Elizabeth Street located in the lovely city of St. Thomas! Fully tenanted and with a cap rate of just above 6%, this property pays for itself and makes it the perfect opportunity for investors to grow your portfolio. 67 Elizabeth features plenty of natural light with an open concept on the main level, 3 bedrooms, 1.5 baths and an attic space which could be used as an additional loft when finished. 69 Elizabeth features 3 bedrooms, 1 bath and is home to long term tenants who manage both the landscaping and snow removal! This home is located near downtown St. Thomas, has easy access to the highway, shopping, restaurants, parks, the new Amazon Distribution Centre, and the upcoming VW Plant! With monthly rental income of $3,000, $1,800 plus gas and electricity from unit 67 and $1,200 plus gas and electricity from unit 69, this property pays for itself. Don't miss the chance to add to your investment portfolio! Recent work has been done: Sump Pump Installation with 1/2 HP Back-Up Sump Pump, Sump Pit/Cover and Internal Water Management System with (approx.) 32 feet. Internal Drainage System, Weepers connected to new Sump and Air Gap Drainage Membrane installed (id:13843)
Details
| MLS # | X13121330 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 177 |
| Listing Provided By | ELGIN REALTY LIMITED | AARON WALL |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,500 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | C8 |
Interior
| Cooling | Window air conditioner |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Sump Pump |
|---|---|
| Foundation Details | Block |
Parking
| Parking Features | No Garage |
|---|---|
| Parking Total | 3 |
Utilities
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 2704 |
|---|
Area Information
| Province | ON |
|---|---|
| City | St. Thomas |
| Postal Code | N5R2X3 |
| Listing VS Median (in N5R2X3) | |
Price: $464,900 low | high Med: $381,950 sqft: 2,500 low | high Med: 2,000 $ / sqft: $186 low | high Med: $193 On site: 177 low | high Med: 113.5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | St. Thomas |
| Postal Code | N5R2X3 |
| Listing VS Median (in N5R2X3) | |
Price: $464,900 low | high Med: $381,950 sqft: 2,500 low | high Med: 2,000 $ / sqft: $186 low | high Med: $193 On site: 177 low | high Med: 113.5 | |
