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12 East Street, St. Thomas, Ontario N5P 2P7 (23630407) – Steve Baarda
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Questions? 519-878-5566


LOADING

12 East Street St. Thomas, Ontario N5P 2P7

14 Bedroom 8 Bathroom 5734
Central Air Conditioning Baseboard Heaters, Forced Air

$2,400,000

New 8 unit apartment building. Never been rented so set your own rents. Projected rents of about $160,800 /year and projected expenses of about $17,750/year showing an approximate return of 6%. New fridges, stoves, dishwashers, microwaves, washer, dryers. Flooring is vinyl plank. Exterior walls have been foam insulated to help with utility costs. Apartments wired with TV, Cat 6 and central Wifi. Central air and balconies in 6 units. Tenants pay all utilities. Secured entry system and security cameras and central fire alarm system. Taxes will be adjusted by City after building is assessed. (id:20872)

Property Details

MLS® Number 40163859
Property Type Multi-family
Amenities Near By Public Transit
Equipment Type None
Rental Equipment Type None

Building

Bathroom Total 8
Bedrooms Total 14
Appliances Microwave Built-in
Basement Development Finished
Basement Type Full (finished)
Constructed Date 2021
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Fire Protection Smoke Detectors
Fixture Ceiling Fans
Heating Fuel Electric
Heating Type Baseboard Heaters, Forced Air
Stories Total 3
Size Interior 5734
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Land Amenities Public Transit
Sewer Sanitary Sewer
Size Depth 66 Ft
Size Frontage 56 Ft
Size Total Text Under 1/2 Acre
Zoning Description C-2

Utilities

Cable Available
Electricity Available
Telephone Available

https://www.realtor.ca/real-estate/23630407/12-east-street-st-thomas

Interested?

Contact us for more information


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