*** 2 VACANT UNITS Available for September 2024*** Introducing a prime investment opportunity in the vibrant Court House District of St. Thomas, Ontario! Nestled on the desirable 53 Gladstone Avenue, this fourplex presents a lucrative prospect for savvy investors. Boasting four well-appointed 1-bedroom units, this property commands an impressive annual revenue of $67, 000, making it a lucrative addition to any portfolio. What's more, with a current offering at a remarkable 7% capitalization rate, the potential for solid returns is undeniable. Recently renovated to the tune of $150, 000, this turnkey property exudes quality and modernity, ensuring a hassle-free ownership experience. Each unit is meticulously maintained, attracting A+ tenants who not only pay rent promptly but also take great care of the premises, providing peace of mind for discerning investors. Beyond its inherent value, investing in 53 Gladstone Avenue means tapping into the promising trajectory of St. Thomas. With the city witnessing significant investments from renowned multinational corporations like Amazon and Volkswagen, the long-term prospects for growth and appreciation are compelling. *Interior photos are from 2022 when the renovations completed* Don't miss out on this strategic portfolio piece that promises not only immediate returns but also the potential for substantial appreciation in the thriving St. Thomas market. Schedule a viewing today and secure your stake in this lucrative opportunity! (id:55598)
- MLS® X9012575
- Date Listed07/04/2024
- Days on Realty 11 Days
- Bedrooms 4
- Bathrooms 4 baths
- Lot Size -
- Sewer Other
- Property Type Other
- Water Public
Interior Features
- Appliances Water Heater, Dryer, Refrigerator, Stove, Two Washers, Two stoves, Washer
- Heating Forced Air, Natural Gas
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
46/100
Car-Dependent
Walk Score ®
0/100
Minimal Transit
Transit Score ®
51/100
Bikable
Bike Score ®
Overview
Most errands require a car. It is possible to get on a bus. Some bike infrastructure.Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 20/100, Transit Score: 0/100, Bike Score: 37/100.
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Frequently Asked Questions for 53 GLADSTONE AVENUE
Source: Realty.com
53 GLADSTONE AVENUE, St. Thomas, ON N5R2L7 is a Other, Residential Income property listed for $699,900 The property is 0 sq. ft with 4 bedrooms and 4 bathrooms
Realty.com has 40 photos of 53 GLADSTONE AVENUE.
The full address for this home is 53 GLADSTONE AVENUE, St. Thomas, ON N5R2L7.
53 GLADSTONE AVENUE has been listed on Realty.com since Thu July 04, 2024
Most errands require a car. It is possible to get on a bus. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 20/100, Transit Score: 0/100, Bike Score: 37/100.
Listing provided courtesy of:
BLUE FOREST REALTY INC.
(tel: (519) 649-1888)
Listing agent:
SEBASTIAN CRUZ
(tel: (647) 470-4239)
This content last refreshed on 2024-07-15 18:24:21. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 53 GLADSTONE AVENUE, St. Thomas, ON N5R2L7 : MLS® X9012575