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9524 Springwater Road, St. Thomas, Ont, N5P 3S7 $1,249,000

(519) 757 7042

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14 Bedroom 7 Bathroom 5896 sqft
Central Air Conditioning Forced Air

$1,249,000

A great opportunity to invest in a fully renovated 4plex on the outskirts of picturesque St. Thomas! With recently updated interiors and exteriors, it’s ready for new ownership with no additional work required. Each of the four spacious units is designed with a modern layout, and ample parking is available for tenants and their guests. The property is well-maintained and boasts a strong rental income of $109,200 per year, supported by responsible tenants who value their homes and keep the property in excellent condition. Positioned in a quiet area just outside St. Thomas, it combines the best of both worlds: a serene setting with easy access to local amenities and main transportation routes. This 4plex is ideal for both new investors looking to break into the market and experienced ones seeking to expand their portfolio. Don’t miss this chance to secure a sound and profitable investment. (id:51992)

Property Details

MLS® Number 40638381
Property Type Multi-family
Community Features Quiet Area
Features Sump Pump
Parking Space Total 15

Building

Bathroom Total 7
Bedrooms Total 14
Basement Type None
Constructed Date 1983
Cooling Type Central Air Conditioning
Exterior Finish Brick, Vinyl Siding
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 5896 Sqft
Type Fourplex
Utility Water Municipal Water

Land

Acreage No
Sewer Septic System
Size Depth 204 Ft
Size Frontage 125 Ft
Size Total Text 1/2 - 1.99 Acres
Zoning Description Hr