Calling all investors!! This all-brick turnkey TRIPLEX is cash flowing at current interest rates. All three units feature 1 bedroom and 1 bathroom and come fully tenanted with A+ tenants. Investors will love the separately metered hydro, water and gas for all units(gas meters for Units 1 & 2, Unit 3 has electric heat and no gas). Units 2 and 3 have had plenty of updates/upgrades in the past 5 years such as floors, kitchens, appliances and lighting fixtures. Unit 1 received a new kitchen, including new fridge, dishwasher and microwave range hood, laminate flooring in kitchen and bathroom, as well as tub surround and bathroom sink just 3 years ago. Unit one also has direct access to a fenced in backyard. Each unit has their own hot water tank and a separate furnace for Units 1 & 2. A shared laundry facility is located in the shared basement area that stays perfectly dry due to moisture barriers installed. Current rents are $820, $1150 and $1375 respectively and tenants cover all utilities other than the common area/basement (landlord pays roughly $30/mo). There is an outdoor fire escape ladder for Units 2 & 3. The time to purchase this amazing TURNKEY investment property is NOW, as St Thomas is poised for growth for years to come with the massive VW Battery Plant currently under construction, and the new AMAZON Distribution Plant just minutes away in Talbotville. (id:47423)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Bedrooms
3
Bathrooms
3
Lot
20 x 106 ft
Amenities Nearby
Golf Nearby, Hospital, Park, Place of Worship, Playground, Schools
Community Features
Community Centre
Equipment
Water Heater
Listing Contract Date
2024-04-02
Location Description
From Talbot St, turn South on Hincks. Parking on the street.
Ownership Type
Freehold
Property Type
Multi-family
Rental Equipment
Water Heater
Structures
Shed
Transaction Type
For sale
Zoning Description
R4
Building
Appliances
Microwave, Microwave Built-in
Basement Development
Unfinished
Basement Type
Full (Unfinished)
Constructed Date
1910
Cooling Type
None, Wall unit
Exterior Finish
Brick
Heating Fuel
Natural gas
Heating Type
Baseboard heaters, Forced air
Stories Total
2.5
Type
Triplex
Utility Water
Municipal water
Land
Total Size
under 1/2 acre
Amenities
Golf Nearby, Hospital, Park, Place of Worship, Playground, Schools
Sewer
Municipal sewage system
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