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52 Hiawatha Street St. Thomas, Ontario N5P 2T4

9373 sqft
3 Level, Multi-Unit Baseboard Heaters

$2,400,000

The Investments Group is proud to offer for sale 52 Hiawatha Street, St.Thomas, ON, a 12-unit purpose-built multifamily opportunity. This building offers 11 two-bedroom units and 1 one-bedroom unit, the property is perfectly situated in a central location, offering proximity to downtown and essential amenities, all within the main employment node. The inclusion of separate hydro meters enhances operational efficiency, while recent capital upgrades within the last two years ensure a well-maintained asset with strong economic life. The property's unique selling point lies in its substantial 40% rental upside, providing an attractive proposition for investors seeking strong returns. (id:42861)

Business

Business Type Residential
Business Sub Type Residential

Property Details

MLS® Number H4181383
Property Type Multi-family
Equipment Type None
Features Paved Driveway
Parking Space Total 15
Rental Equipment Type None

Building

Architectural Style 3 Level, Multi-unit
Basement Type None
Exterior Finish Brick
Fire Protection Smoke Detectors
Foundation Type Block
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 3
Size Exterior 9373 Sqft
Size Interior 9373 Sqft
Type Apartment
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Municipal Sewage System
Size Frontage 98 Ft
Size Irregular 103.82 Ft X 140.14 Ft X 8.81 Ft X 82.04 Ft X 190.7
Size Total Text 103.82 Ft X 140.14 Ft X 8.81 Ft X 82.04 Ft X 190.7

https://www.realtor.ca/real-estate/26335101/52-hiawatha-street-st-thomas

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Zac Willms
Salesperson

(905) 745-7728
(905) 639-1683

Royal LePage Burloak Real Estate Services
2072 Lakeshore Road Unit Aa
Burlington, Ontario L7R 1E3

(905) 634-7755
(905) 639-1683
www.royallepageburlington.ca

Jacob Campagnaro
Salesperson

(905) 599-3460
(905) 639-1683

Royal LePage Signature Realty
#201-30 Eglinton Ave W.
Mississauga, Ontario L5R 3E7

(905) 568-2121