3 Bedroom
2 Bathroom
1,100 - 1,500 ft2
Forced Air
$434,900
Investor Alert! This well-maintained duplex presents an excellent opportunity with projected annual rental income of $34,000+ and a solid 7.0% cap rate. Ideally located steps away from downtown, a short drive to London, The 401 Highway and the sandy shores of Port Stanley. The main floor unit features 1 bedroom, a 3-piece bathroom, and is currently rented at $1,486/month + utilities. The upper unit is a freshly renovated 2-bedroom with its own 3-piece bath and is currently vacant, perfect for setting market rent or moving in and letting the other unit cover part of your mortgage. Recent upgrades include: updated electrical and plumbing, waterproofing membrane installed around the interior foundation, sump pump, 100-amp electrical panel for the upper unit. Whether you're looking to owner-occupy or expand your income property portfolio with a high-yield investment, this turnkey duplex checks all the boxes. (id:50976)
Property Details
|
MLS® Number
|
X12263713 |
|
Property Type
|
Multi-family |
|
Community Name
|
St. Thomas |
|
Features
|
Sump Pump, In-law Suite |
|
Structure
|
Deck |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Above Ground
|
3 |
|
Bedrooms Total
|
3 |
|
Age
|
100+ Years |
|
Appliances
|
Water Heater, Dryer, Stove, Washer, Refrigerator |
|
Basement Development
|
Unfinished |
|
Basement Type
|
Full (unfinished) |
|
Exterior Finish
|
Aluminum Siding |
|
Foundation Type
|
Concrete, Block |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
1,100 - 1,500 Ft2 |
|
Type
|
Duplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
86 Ft ,9 In |
|
Size Frontage
|
26 Ft ,7 In |
|
Size Irregular
|
26.6 X 86.8 Ft |
|
Size Total Text
|
26.6 X 86.8 Ft |
|
Zoning Description
|
R4 |
https://www.realtor.ca/real-estate/28560711/79-st-catharine-street-st-thomas-st-thomas
