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St. Thomas, ON N5R3N6,38 HINCKS STREET
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St. Thomas, ON N5R3N6,38 HINCKS STREET
St. Thomas, ON N5R3N6,38 HINCKS STREET
St. Thomas, ON N5R3N6,38 HINCKS STREET
St. Thomas, ON N5R3N6,38 HINCKS STREET
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Jordan Rossman

Jordan Rossman

+1(705) 345-0797
$ 514,000
Est. payment /mo
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38 HINCKS STREET St. Thomas, ON N5R3N6

3 Beds

2,058 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,058 sqft

Price per Sqft $249

Subdivision St. Thomas

MLS® Listing ID X12354940

Bedrooms 3

Source London and St. Thomas Association of REALTORS®

Property Description

Calling all investors!! This all-brick turnkey TRIPLEX is cash flowing very nicely at current interest rates. All three units feature 1 bedroom and 1 bathroom and comes fully tenanted with A+ tenants. Investors will love the separately metered hydro, water and gas for all units(gas meters for Units 1 & 2, Unit 3 has electric heat and no gas). Units 2 and 3 have had plenty of updates/upgrades in the past 5 years such as floors, kitchens, appliances and lighting fixtures. Unit 1 received a new kitchen, including new fridge, dishwasher and microwave range hood, laminate flooring in kitchen and bathroom, as well as tub surround and bathroom sink just 3 years ago. Unit one also has direct access to a fenced in backyard. Each unit has their own hot water tank and a separate furnace for Units 1 & 2. A shared laundry facility is located in the shared basement area that stays perfectly dry due to moisture barriers installed. Current rents are $820, $1375 and $1100 per month ($39,540 Annually) and tenants cover all utilities other than the common area/basement (landlord pays roughly $30-$50/mo). There is an outdoor fire escape ladder for Units 2 & 3. The time to purchase this amazing TURNKEY investment property is NOW, as St Thomas is poised for growth for years to come with the massive VW Battery Plant currently under construction. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling None

Exterior

Parking Features No

View Y/N No

Private Pool No

Building

Sewer Sanitary sewer

Others

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Jordan Rossman

Jordan Rossman

+1(705) 345-0797

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