A great opportunity to invest in a fully renovated 4plex on the outskirts of picturesque St. Thomas! With recently updated interiors and exteriors, its ready for new ownership with no additional work required. Each of the four spacious units is designed with a modern layout, and ample parking is available for tenants and their guests. The property is well-maintained and boasts a strong rental income of $109,200 per year, supported by responsible tenants who value their homes and keep the property in excellent condition. Positioned in a quiet area just outside St. Thomas, it combines the best of both worlds: a serene setting with easy access to local amenities and main transportation routes. This 4plex is ideal for both new investors looking to break into the market and experienced ones seeking to expand their portfolio. Dont miss this chance to secure a sound and profitable investment.
PART OF LOT 74 CON NTR MALAHIDE DESIGNATED AS PART 1, 11R7640 TOWNSHIP OF MALAHIDE
Possession Date
FLEXIBLE
Taxes (2024)
$4,220.12
Directions/Cross Streets
North on Springwater Rd from Talbot Line
Neighbourhood
Orwell
Area
Elgin
Price History
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Detailed Information
Fronting On
E
Special Designations
Unknown
Bedrooms
9
Bathrooms
7
Rooms
19
Kitchens
4
Lot
125.42 x 203.86 ft
Exterior
Brick, Vinyl Siding
Air Conditioning
Central Air
Family Room
N
Fireplace/Stove
N
Pool
None
Basement
None
Drive
Other
Garage Spaces
0.0
Garage Type
None
Parking Spaces
15
Total Parking Spaces
15.0
Heat Source
Gas
Heat Type
Forced Air
Sewers
Septic
Water
Municipal
Seller Property Info Statement
N
Bathrooms
Pieces
Level
2
Main
4
Main
4
2nd
2
2nd
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