47 FOREST AVENUE — St. Thomas, Ontario

$629,000
Beds:6Baths:3Type:Multi-UnitPostal:N5R2J1
47 FOREST AVENUE — St. Thomas, Ontario - Photo 1 of 24
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Property Description

Excellent investment opportunity with this well-maintained legal triplex featuring three spacious 2-bedroom units. Each unit offers very large bedrooms and a private, separate entrance. Beautifully upgraded throughout, the property has been consistently cared for and clearly shows pride of ownership. The building generates strong income with gross rents of $4,343 per month, including revenue from coin-operated laundry. Tenants pay their own hydro and water, helping keep operating expenses low. Additional highlights include six on-site parking spaces, a highly desirable amenity for tenants .Recent upgrades include new wiring throughout, new insulation in the roof, all walls, and basement, a new asphalt roof, and replacement of the main sewer line .An ideal opportunity for investors or owner-occupiers seeking a turnkey, income-producing property. (id:63357)

Property Details

Property Type
Multi-Unit
Bedrooms
6
Bathrooms
3
Stories
2.0
Status
Active

Location & Neighborhood

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$629,000