42 Redan St. Thomas ON N5P 1T4

  • 0

$ 799,000.00

  • Date added: 11/21/22
  • Post Updated: 2022-11-21 14:55:01
  • Type:
  • Status:
  • Bedrooms: 9
  • Bathrooms: 4
  • MLS #: 40351731
  • ListOfficeName: ROYAL LEPAGE RESULTS REALTY, BROKERAGE
  • WaterSource: Municipal
  • CountyOrParish: Elgin
  • Directions: Corner of Redan Street and Balaclava Street
  • NumberOfUnitsTotal: 4
  • Zoning: R3

Description

Great Multi-Family opportunity in a solid yellow brick 2 Storey home with 4 units! Amazing offer – total rental income $57,600 !!! 2 three-bedroom apartments ($1500 and $1300) one two-bedroom apartment ($1300) and one one-bedroom apartment ($610) also a storage room for rent $90. Each tenant pays their own electricity. Building is walking distance from down town St. Thomas and all major stores and shopping areas.
Parking for 4 cars. Apartment 1 has a separate outdoor barbecue area. All residents are month to month, however, all have occupied for more than one year and are very consistent with payments (with account statements available).
2 years ago, all apartments were completely renovated with the replacement of plumbing. In one part of the basement, water pipes (heating) were completely replaced. All electrical wiring redone. Water heater is owned.

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Features

  • Appliances: Dryer, Refrigerator, Stove, Washer
  • Roof: Asphalt Shing, Membrane
  • InteriorFeatures: Other
  • Utilities: Electricity Connected, Garbage/Sanitary Collection, Natural Gas Connected, Street Lights, Phone Connected
  • SecurityFeatures: Carbon Monoxide Detector(s), Smoke Detector(s)
  • StoriesTotal: 2
  • Cooling: None
  • Heating: Gas Hot Water
  • PoolFeatures: None
  • Sewer: Sewer (Municipal)
  • Inclusions: Other,4 Fridges, 4 Stoves, 2 Washers, 2 Dryers, 1 Dishwasher. Water Heater Owned.
  • LotFeatures: Urban, Irregular Lot, Schools
  • OpenParkingSpaces: 4
  • ParkingFeatures: Asphalt
  • ParkingTotal: 4

Building Details

  • Basement: Partial, Unfinished
  • PropertyCondition: Unknown
  • ConstructionMaterials: Brick Veneer
  • FoundationDetails: Concrete Block, Stone

Miscellaneous

  • Topography: Flat

Fees & Expenses

  • TaxAnnualAmount: $ 4,112.41
  • InsuranceExpense: $ 3,500.00

42 Redan St. Thomas ON N5P 1T4. MLS 40351731. This style property is located in St. Thomas is currently . This property is listed at $ 799,000.00. It has 9 beds bedrooms, 4 baths bathrooms. The property was built in year.

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