Address: 79 ST CATHARINE STREET, St. Thomas FOR SALE Postal Code: N5P2V9 Style: Type: Multi-family Duplex Bedrooms: 3 Bathrooms: 2 Bedrooms Aboveground: 3 Parking: No Garage Garage: No Garage Lot Size: 26 ft ,7 in x 86 ft ,9 in Property Size: 26.6 x 86.8 FT Stories: 1.5
About 79 St Catharine Street
Investor Alert! This well-maintained duplex presents an excellent opportunity with projected annual rental income of $34,000+ and a solid 7.0% cap rate. Ideally located steps away from downtown, a short drive to London, The 401 Highway and the sandy shores of Port Stanley. The main floor unit features 1 bedroom, a 3-piece bathroom, and is currently rented at $1,486/month + utilities. The upper unit is a freshly renovated 2-bedroom with its own 3-piece bath and is currently vacant, perfect for setting market rent or moving in and letting the other unit cover part of your mortgage. Recent upgrades include: updated electrical and plumbing, waterproofing membrane installed around the interior foundation, sump pump, 100-amp electrical panel for the upper unit. Whether you re looking to owner-occupy or expand your income property portfolio with a high-yield investment, this turnkey duplex checks all the boxes. (id:56071). Get more information on 79 St Catharine Street
Property Features
Appliances: Water Heater, Dryer, Stove, Washer, Refrigerator Features: Sump Pump, In-Law Suite Rental Equipment: Directions: Talbot & St. Catharine Zoning Description: R4 Interior Size: 1100 - 1500 sqft Lot: 26.6 x 86.8 FT 26.6 x 86.8 FT Exterior Finish: Aluminum siding Water: Municipal water, Sanitary sewer Heating / Cooling: Natural gas / Age: 100+ years Foundation: Concrete, Block Basement: Full (Unfinished) Unfinished
Rooms & Sizes
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John DiRenzo
Sales Representative RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490
John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.
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