Welcome to 33 Station located in growing St. Thomas. This six-unit building offers an exceptional opportunity for savvy investors. Comprised of two three-bedroom units, two two-bedroom units, and two one-bedroom units. This property offers a 6.6% cap rate. Net operating income of $74, 725.33, the building features seven hydro meters, one water meter, and one gas meter, ensuring efficient utility management. Recent updates include windows, kitchens, bathrooms, electrical, and plumbing. St. Thomas is experiencing a surge in development, making it a hotspot for investors. Major projects such as the new VW Battery Plant and the Amazon Facility are driving economic growth and attracting a robust workforce. The great tenant profile currently residing in the building offers stability, with room for rent increases, further increasing the propertys income potential. Additionally, theres potential for developing more units in the basement. This property offers a 6.6% cap rate. Interested parties are encouraged to inquire about competitive financing options available. Located in a thriving area with easy access to essential amenities, public transportation, schools, and parks. The combination of solid income, future development opportunities, and a prime location makes this property an excellent addition to any investment portfolio. Dont miss out on this fantastic opportunity. (id:55598)
- MLS® X9053887
- Date Listed07/24/2024
- Days on Realty 150 Days
- Bedrooms -
- Bathrooms 6 baths
- Lot Size -
- Sewer Other
- Subdivision NW
- Property Type Multi Family
- Water Public
- Square Feet 4,326 sq. ft
- Price Per Sq. Ft $248.5
Interior Features
- Heating Hot Water Radiator Heat, 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
88/100
Very Walkable
Walk Score ®
0/100
Minimal Transit
Transit Score ®
85/100
Very Bikeable
Bike Score ®
Overview
Most errands can be accomplished on foot. It is possible to get on a bus. Biking is convenient for most trips.Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 21/100, Transit Score: 0/100, Bike Score: 37/100.
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Frequently Asked Questions for 33 STATION STREET
Source: Realty.com
33 STATION STREET, St. Thomas, ON N5P2X1 is a Multi Family, Residential Income property listed for $1,075,000 The property is 4326 sq. ft with - bedrooms and 6 bathrooms
Realty.com has 35 photos of 33 STATION STREET.
The full address for this home is 33 STATION STREET, St. Thomas, ON N5P2X1.
33 STATION STREET has been listed on Realty.com since Wed July 24, 2024
Most errands can be accomplished on foot. It is possible to get on a bus. Biking is convenient for most trips.
The average walkability score in the surrounding area is Walk Score: 21/100, Transit Score: 0/100, Bike Score: 37/100.
Listing provided courtesy of:
KELLER WILLIAMS LIFESTYLES
(tel: (519) 438-8000)
Listing agent:
OSMAN OMAR
(tel: (519) 860-2005)
This content last refreshed on 2024-12-21 08:09:30. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 33 STATION STREET, St. Thomas, ON N5P2X1 : MLS® X9053887