42 Redan Street St. Thomas, Ontario N5P 1T4
$599,900
Great Multi-Family opportunity in a solid yellow brick 2 Storey home with 4 units! Amazing offer - total rental income $57,600 !!! 2 three-bedroom apartments ($1500 and $1300) one two-bedroom apartment ($1300) and one one-bedroom apartment ($610) also a storage room for rent $90. Each tenant pays their own electricity. Building is walking distance from down town St. Thomas and all major stores and shopping areas. Parking for 4 cars. Apartment 1 has a separate outdoor barbecue area. All residents are month to month, however, all have occupied for more than one year and are very consistent with payments (with account statements available). 2 years ago, all apartments were completely renovated with the replacement of plumbing. In one part of the basement, water pipes (heating) were completely replaced. All electrical wiring redone. Water heater is owned. (id:46638)
Property Details
| MLS® Number | 40351731 |
| Property Type | Multi-family |
| Amenities Near By | Schools |
| Equipment Type | Water Heater |
| Features | Paved Driveway |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 9 |
| Basement Development | Unfinished |
| Basement Type | Partial (unfinished) |
| Construction Style Attachment | Attached |
| Cooling Type | None |
| Exterior Finish | Brick Veneer |
| Fire Protection | Smoke Detectors |
| Foundation Type | Block |
| Heating Type | Hot Water Radiator Heat |
| Stories Total | 2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 93 Ft |
| Size Frontage | 80 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R3 |
Utilities
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/25084041/42-redan-street-st-thomas
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Listing Provided By
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January 30 2023 03:10:45
London and St. Thomas Association of REALTORS®
Royal LePage Results Realty, Brokerage