Maintenance fees
-
Locker
None
Exposure
-
Possession
-
Price per sqft
$256
Taxes
-
Outdoor space
-
Age of building
31-50 years old
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Description
The Investments Group is proud to offer for sale 52 Hiawatha Street, St.Thomas, ON, a 12-unit purpose-built multifamily opportunity. This building offers 11 two-bedroom units and 1 one-bedroom unit, the property is perfectly situated in a central location, offering proximity to downtown and essential amenities, all within the main employment node. The inclusion of separate hydro meters enhances operational efficiency, while recent capital upgrades within the last two years ensure a well-maintained asset with strong economic life. The property's unique selling point lies in its substantial 40% rental upside, providing an attractive proposition for investors seeking strong returns.
Broker: Royal LePage Burloak Real Estate Services
MLS®#: H4181383
Property details
Neighbourhood:
St. Thomas
Parking:
15
Parking type:
None
Property type:
Condo Apt
Heating type:
Baseboard
Style:
3 Storey
MLS Size:
9373 sqft
Lot front:
98 Ft
Listed on:
Dec 4, 2023
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