Welcome to 33 Station located in growing St. Thomas. This six-unit building offers an exceptional opportunity for savvy investors. Comprised of 2 x three-bedroom units, 2 x two-bedroom units, and 2 x one-bedroom units. 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 hot spot 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 income potential. 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:4555)
PROPERTY SPECS
Listing ID X11913325
Address 33 STATION STREET
City St. Thomas, ON
Price $999,999
Bed / Bath 12 / 6 Full
Construction Brick
Land Size 64.4 x 120 FT
Type Other
Status For sale
EXTENDED FEATURES
AppliancesWater HeaterBasementFullBasement DevelopmentUnfinishedParking6Amenities NearbyPark, Place of Worship, Public Transit, SchoolsCommunity FeaturesCommunity CentreFeaturesCul-de-sac, Flat site, LightingStructureDeck, PorchBuilding AmenitiesSeparate Electricity MetersFire ProtectionSmoke DetectorsFoundationUnknownHeatingRadiant heatHeating FuelNatural gasUtility WaterMunicipal waterDate Listed2025-01-08 19:01:48Days on Market1Parking6