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 Type | Residential |
Business Sub Type | Residential |
MLS® Number | H4181383 |
Property Type | Multi-family |
Equipment Type | None |
Features | Paved Driveway |
Parking Space Total | 15 |
Rental Equipment Type | None |
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 |
No Garage |
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
Contact us for more information
Zac Willms
Salesperson
(905) 634-7755
(905) 639-1683
www.royallepageburlington.ca
Jacob Campagnaro
Salesperson
(905) 568-2121