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    For Sale - 67-69 Elizabeth Street, St. Thomas, Ontario

    Est payment $2,352/mo
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    Views   1
    Time on Jump  78 day

    AI Summary *

    • Two semi-detached homes offering great investment potential in St. Thomas.
    • Fully tenanted with a strong cap rate just under 6%.
    • Open concept living with plenty of natural light in both units.
    • Each home features three bedrooms and additional living space options.
    • Conveniently located near downtown, parks, shopping, and major employers.




    Two semi detached homes under one ownership! Welcome to 67-69 elizabeth street located in the lovely city of st. Thomas! Fully tenanted and with a cap rate of just under 6%, this property pays for itself and makes it the perfect opportunity for investors to grow your portfolio. 67 elizabeth features plenty of natural light with an open concept on the main level, 3 bedrooms, 1. 5 baths and an attic space which could be used as an additional loft when finished. 69 elizabeth features 3 bedrooms, 1 bath and is home to long term tenants who manage both the landscaping and snow removal! This home is located near downtown st. Thomas, has easy access to the highway, shopping, restaurants, parks, the new amazon distribution centre, and the upcoming vw plant! With monthly rental income of $3,000, $1,800 plus gas and electricity from unit 67 and $1,250 plus gas and electricity from unit 69, this property pays for itself. Don't miss the chance to add to your investment portfolio! Recent work has been done: sump pump installation with 1/2 hp back-up sump pump, sump pit/cover and internal water management system with (approx.) 32 feet. Internal drainage system, weepers connected to new sump and air gap drainage membrane installed
    Listing IDX12686352
    Address67-69 Elizabeth Street
    CitySt. Thomas, Ontario
    Price$489,900
    Bed / Bath6 / 3 Full
    Style2 1/2 Storey, Duplex
    ConstructionVinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype DuplexIndoor Features Separate Hydro Meter, Sump PumpOwnership FreeholdBasement Separate Entrance, UnfinishedFoundation BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 3.00
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    Listing Agency:  ELGIN REALTY LIMITED

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    67-69 Elizabeth Street
    St. Thomas , Ontario
    6 3 $489,900
    Get more info