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52 Hiawatha Street St. Thomas, Ontario N5P 2T4

9373 sqft
None 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)

Property Details

MLS® Number H4181380
Property Type Other
Parking Space Total 15

Building

Cooling Type None
Heating Type Baseboard Heaters
Size Exterior 9373 Sqft
Size Interior 9373 Sqft
Utility Water Municipal Water

Parking

Surfaced

Land

Acreage No
Sewer Sanitary Sewer
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/26335102/52-hiawatha-street-st-thomas

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Zac Willms
Salesperson

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

Royal LePage Burloak Real Estate Services
2025 Maria Street Unit 4a
Burlington, Ontario L7R 0G6

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

Jacob Campagnaro
Salesperson

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

Royal LePage Burloak Real Estate Services
2025 Maria Street Unit 4a
Burlington, Ontario L7R 0G6

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