A great opportunity to invest in a fully renovated 4plex on the outskirts of picturesque St. Thomas! With recently updated interiors and exteriors, it’s ready for new ownership with no additional work required. Each of the four spacious units is designed with a modern layout, and ample parking is available for tenants and their guests. The property is well-maintained and boasts a strong rental income of $109,200 per year, supported by responsible tenants who value their homes and keep the property in excellent condition. Positioned in a quiet area just outside St. Thomas, it combines the best of both worlds: a serene setting with easy access to local amenities and main transportation routes. This 4plex is ideal for both new investors looking to break into the market and experienced ones seeking to expand their portfolio. Don’t miss this chance to secure a sound and profitable investment. (id:4069)
| Address |
9524 SPRINGWATER Road |
| List Price |
$1,225,000 |
| Property Type |
Multi-family |
| Type of Dwelling |
Fourplex |
| Area |
Ontario |
| Sub-Area |
St Thomas |
| Bedrooms |
14 |
| Bathrooms |
7 |
| Floor Area |
5,896 Sq. Ft. |
| Year Built |
1983 |
| MLS® Number |
40638381 |
| Listing Brokerage |
The Agency
|
| Basement Area |
None |
| Postal Code |
N5P3S7 |
| Zoning |
HR |
| Features |
Sump Pump |
