52 HIAWATHA ST , St. Thomas, Ontario N5P2T4

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For Sale

$2,400,000

Remarks

The Investments Group is proud to offer for sale 52 Hiawatha Street, St. Thomas, ON, a 12-unit purpose-built multifamily opportunity. This building offers 11 two-bedroom units and 1 one-bedroom unit, the property is perfectly situated in a central location, offering proximity to downtown and essential amenities, all within the main employment node. The inclusion of separate hydro meters enhances operational efficiency, while recent capital upgrades within the last two years ensure a well-maintained asset with strong economic life. The property's unique selling point lies in its substantial 40% rental upside, providing an attractive proposition for investors seeking strong returns. (id:7526)

Property Summary

Lot Size: 98.17 FT
Floor Space (approx): 9373.00 Square Feet

Listing courtesy of:

ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

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Bogdan Oparnica

52 HIAWATHA ST ,
St. Thomas, Ontario N5P2T4

$2,400,000