For Sale - 2.5 Antrim Street, St. Thomas, Ontario

Est payment $2,497/mo
Views   1
Time on Jump  5 day
  • Legal duplex with two self-contained units for rental income.
  • Freshly updated main-floor unit with two bedrooms and laundry.
  • Upper unit renovated with new flooring, windows, and paint.
  • Potential gross annual income of $36,000 for investors.
  • Convenient location, just blocks from downtown amenities.



Investment opportunity! Legal 1 1/2 - storey duplex offering 2 self-contained units, ideally located in northwest st. Thomas, just 2 blocks from downtown! The freshly updated main-floor unit features 2 bedrooms, living and dining rooms, 4-piece bath and laundry. Lower level offers an additional legal bedroom, living area and ample storage. The upper unit has been extensively renovated with updated flooring, windows and fresh paint. Ideal for investors or first-time buyers wishing to live in one unit while generating rental income from the other! Potential gross annual income of $36,000, estimated expenses of $5,000 and projected net operating income of $31,000 before debt servicing. Approximate 5. 96% cap rate at the $519,900 asking price. Mutual driveway with one parking space. Just a 5-minute drive to june rose callwood public school. An excellent opportunity to build equity! Easy to show!
Listing IDX14085164
Address2.5 Antrim Street
CitySt. Thomas, Ontario
Price$519,900
Bed / Bath3 / 3 Full
Style1 1/2 Storey, Detached
ConstructionAluminum Siding, Brick
Land Size2906.25
TypeResidential
StatusFor Sale
Subtype DetachedIndoor Features Floor Drain, Separate Hydro Meter, Storage Area Lockers, Upgraded Insulation, Water Heater, Water Meter, WorkbenchOutdoor Features Patio, Paved Yard, Porch, Year Round LivingAmenities Hospital, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, SchoolOwnership FreeholdViews Clear, Downtown, Park/GreenbeltBasement Full, FinishedFoundation Concrete Block, StoneHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 1.00
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Listing Brokerage: ROYAL LEPAGE TRILAND REALTY

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2.5 Antrim Street
St. Thomas , Ontario
3 3 $519,900
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