9524 Springwater Road St. Thomas, Ontario N5P 3S7
$1,249,000
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:29966)
Property Details
MLS® Number | 40638381 |
Property Type | Multi-family |
Community Features | Quiet Area |
Features | Sump Pump |
Parking Space Total | 15 |
Building
Bathroom Total | 7 |
Bedrooms Total | 14 |
Basement Type | None |
Constructed Date | 1983 |
Cooling Type | Central Air Conditioning |
Exterior Finish | Brick, Vinyl Siding |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Stories Total | 2 |
Size Interior | 5896 Sqft |
Type | Fourplex |
Utility Water | Municipal Water |
Land
Acreage | No |
Sewer | Septic System |
Size Depth | 204 Ft |
Size Frontage | 125 Ft |
Size Total Text | 1/2 - 1.99 Acres |
Zoning Description | Hr |
https://www.realtor.ca/real-estate/27369815/9524-springwater-road-st-thomas
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