LOADING

42 Redan Street St. Thomas, Ontario N5P 1T4

9 Bedroom 4 Bathroom
None Hot Water Radiator Heat

$749,000

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:41954)

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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