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

Est payment $2,280/mo
Views   1
Time on Jump  3 day
  • Two semi-detached homes offering excellent investment opportunities in St. Thomas.
  • Fully tenanted with a cap rate under 6%, ensuring steady income.
  • Each unit features 3 bedrooms and ample natural light in living areas.
  • Conveniently located near downtown, shopping, parks, and major employers.
  • Recent updates including a new sump pump and internal drainage system.



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 $1,200 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 IDX13121330
Address67-69 Elizabeth Street
CitySt. Thomas, Ontario
Price$474,900
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

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67-69 Elizabeth Street
St. Thomas , Ontario
6 3 $474,900
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