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28 East Street St. Thomas, Ontario N5P 1A0

5 Bedroom 4 Bathroom 3000
None

$599,900

Prime, fully tenanted triplex in the bustling heart of St. Thomas. This triplex consists of one-one bedroom unit and two-two bedroom units. Recent updates include a newer roof, upgraded electrical systems, as well as renovations to Units 2 and 3. Additionally, the property features new soffits, facia, eavestroughs, and three newer dormers. The gross rental income is $43,284, with the potential for an increase to align with current market rates. With the right vision and permits, there is an opportunity to develop a fourth unit within the unfinished basement. The superb location is just a short walk away from the Downtown Core, grocery stores, pharmacies and laundromats and a short drive to Highway 401, Port Stanley and the new Amazon Fulfillment Centre. (id:46638)

Property Details

MLS® Number 40504464
Property Type Multi-family
Amenities Near By Place Of Worship, Public Transit, Shopping
Community Features School Bus
Equipment Type Water Heater
Parking Space Total 3
Rental Equipment Type Water Heater
Structure Porch

Building

Bathroom Total 4
Bedrooms Total 5
Basement Development Unfinished
Basement Type Full (unfinished)
Cooling Type None
Exterior Finish Brick
Stories Total 3
Size Interior 3000
Type Triplex
Utility Water Municipal Water

Land

Acreage No
Fence Type Fence
Land Amenities Place Of Worship, Public Transit, Shopping
Sewer Municipal Sewage System
Size Depth 99 Ft
Size Frontage 40 Ft
Size Irregular 0.084
Size Total 0.084 Ac|under 1/2 Acre
Size Total Text 0.084 Ac|under 1/2 Acre
Zoning Description C8-1

https://www.realtor.ca/real-estate/26223122/28-east-street-st-thomas

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Royal LePage Triland Realty, Brokerage
103a-240 Waterloo Street
London, Ontario N6B 2N4

(519) 672-9880
(519) 672-5145
www.royallepagetriland.com