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$2,400,000
Available - For Sale
Listing ID: X7343028
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.
Price $2,400,000
Taxes: $21,157
Tax Type: Annual
Occupancy by: Tenant
Address: 52 Hiawatha St , St. Thomas, N5P 2T4, Ontario
Postal Code: N5P 2T4
Province/State: Ontario
Directions/Cross Streets: Scott Street
Zoning: N/A
Category: Apartment
Building Percentage: Y
Total Area: 9,373
Total Area Code:  Sq Ft
Rail: N
Heat Type: Gas Forced Air Open
Central Air Conditioning: N
Elevator Lift: None
Water: Municipal
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

52 Hiawatha St , St. Thomas, N5P 2T4, Ontario


 
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Type: Com - Investment
Area: Elgin
Municipality: St. Thomas
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Lot Size: 98.17 x 0.00(Feet)
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