42 PEARL Street, St. Thomas, Ontario, N5P1A0
Unique sevenplex investment opportunity on a large lot in the Downtown core of St. Thomas. This well maintained, low maintenance apartment building features four-one bedroom units and three-two bedroom units. Updates within the last four years include a new roof, new soffit, fascia and eavestrough, three renovated units and renovated common area hallways. The gross rent revenue is $80,513.28 with the potential to upside to current market rents. There is also potential to add coin laundry or separate storage units in the unfinished basement. Positioned with visibility and character in a rapidly growing community, this property is ready for a new investor. (id:2471)
- Property Address: 42 PEARL Street, St. Thomas, Ontario, N5P1A0
- Property Type: Multi-family
- Zoning Description: R4
- Title: Freehold
- Lot Size: 0.342
- Acreage: 0.342 ac|under 1/2 acre
- Sewage Type: Municipal sewage system
- Water Type: Municipal water
- Total Parking Spaces: 7
- Amenities Nearby: Place of Worship, Playground, Public Transit, Schools, Shopping
- Storeys: 3
- Floor Space: 8000
- Bedrooms: 10
- Bathrooms: 7-Total
- Basement Type: Partial (Unfinished)
- Cooling: None
- Exterior Type: Brick
- Foundation Type: Poured Concrete
- School Bus
Listing Office: ROYAL LEPAGE TRILAND REALTY, BROKERAGE
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