Residential Income $ 999,888.00
- Date added: 01/24/23
- Post Updated: 2023-01-24 04:17:02
- Type: Multi-3 Unit
- Status: Active
- Bedrooms: 8
- Bathrooms: 3
- Area: 2928.83 sq ft
- Year built: 1900
- MLS #: 40368571
- ListOfficeName: CENTURY 21 FIRST CANADIAN CORP., BROKERAGE
- WaterSource: Municipal-Metered
- CountyOrParish: Elgin
- Directions: South from Talbot Street on Ross Street. Property located on left hand side at Ross and Locus Street.
- NumberOfUnitsTotal: 3
- Zoning: R3
Description
ATTENTION INVESTORS: 6% CAP!! This is the property you’ve been looking for. With a strong cap rate and solid rents, you will love this investment. Formerly a 4 plex with commercial space now fully residential. It was renovated back to the studs in 2015 and other updates over the last 2 years, each unit is in great condition. Coin laundry on the main floor and parking for 4 vehicles. Friendly neighbours & close amenities makes this a wonderful rental for tenants. Don’t wait, book your viewing today.
View on map / Neighborhood
Features
- Appliances: Refrigerator, Stove
- AccessibilityFeatures: Fire Escape, Accessible Entrance
- Roof: Asphalt
- InteriorFeatures: None
- SecurityFeatures: None
- StoriesTotal: 2
- Cooling: Central Air
- CoveredSpaces: 1
- GarageSpaces: 1
- Heating: Forced Air
- Sewer: Sewer (Municipal)
- Inclusions: Garage Door Opener,Dryer, Washer, Refridgerator, Stove
- LotFeatures: Urban, Open Spaces, Park, Public Transit, Schools, Shopping Nearby, Trails
- OpenParkingSpaces: 3
- ParkingFeatures: Attached Garage, Garage Door Opener, Compact, Asphalt
Building Details
- YearBuiltDetails: Estimate
- Basement: Full, Unfinished
- BuildingAreaTotal: 2928.83
- PropertyCondition: 100+ Years
- ConstructionMaterials: Brick, Stone, Other
- FoundationDetails: Poured Concrete
Miscellaneous
- Exclusions: Excluding Security Cameras.
Fees & Expenses
- TaxAnnualAmount: $ 3,064.46
- InsuranceExpense: $ 1,920.00
241 Ross St. Thomas ON N5R 3Y5. MLS 40368571. This Multi-3 Unit style property is located in St. Thomas is currently Residential Income. This property is listed at $ 999,888.00. It has 8 beds bedrooms, 3 baths bathrooms. The property was built in 1900 year.
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