67-69 ELIZABETH STREET, St. Thomas NEW LISTING

Brokered by: ELGIN REALTY LIMITED

MLS®: X12686352 ()

Price: $489,900.00

Address: 67-69 ELIZABETH STREET, St. Thomas
FOR SALE
Postal Code: N5R2X3
Style: 
Type: Multi-family Duplex
Bedrooms: 6
Bathrooms: 3
Bedrooms Aboveground:  6
Parking:  No Garage
Garage: No Garage
Lot Size:   67 ft ,3 in x 67 ft ,2 in
Property Size:  67.3 x 67.2 FT
Stories:  2.5


About 67-69 Elizabeth Street

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 under 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 $1,250 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:56071). Get more information on 67-69 Elizabeth Street

Property Features

Features:  Sump Pump
Rental Equipment:  Water Heater
Directions:  Cross Streets: princess ave. ** Directions: from Talbot turn onto Princess, turn right onto Elizabeth.
Zoning Description:  C8
Interior Size:  2500 - 3000 sqft
Amenities:  Separate Electricity Meters
Lot:  67.3 x 67.2 FT 67.3 x 67.2 FT
Exterior Finish:  Vinyl siding
Water:  Municipal water, Sanitary sewer
Heating / Cooling:   Natural gas / Window air conditioner
Age: 100+ years
Foundation: Block
Basement:  N/A, N/A (Unfinished) Unfinished

Rooms & Sizes

     

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JD

John DiRenzo

Sales Representative
RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490

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John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.