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Data was last updated 2023-12-06 at 12:06:48 GMT
$2,500,000

52 Hiawatha St   St. Thomas, Ontario

MLS®: X7343028
URL:    
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.
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.

Listing Information

Prop. Type:
Investment
City:
St. Thomas
Status:
Active
MLS® Number:
X7343028
Area:
Elgin
Province:
Ontario
Listing Date:
Dec 04, 2023
Listing Price:
$2,500,000
Taxes:
$21,157
List Price Code:
For Sale

General Information

Tax Type:
Annual
Lot Code:
Lot
Freestanding?:
Y
Total Area:
9373.00 Sq Ft
Possession Terms:
Flexible
Tax Year:
2023
Lot Front:
98.17

Additional Information

Heating Type:
Gas Forced Air Open
Elevator:
None
Garage Type:
Outside/Surface
Utilities Available:
Y

Land Information

Rail:
N
Water Service:
Municipal

Other Information

Property Type:
Apartment
Air Conditioning:
N
Zoning:
N/A
Seller Info Statement:
N

VIP-Only Information

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This property is listed by Royal Lepage Signature Realty and provided here courtesy of WB Group. For more information or to schedule a viewing please contact WB Group.
WB Group
Keller Williams Referred Urban Realty, Brokerage
Phone: 416 651-1777
Mobile Phone: 416 651-1777
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Toronto Real Estate Board.