9524 Springwater Road , St. Thomas, ON N5P 3S7
St. Thomas, ON N5P 3S7
Description
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.
Details
| MLS# | 40638381 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1983 |
| Days On Site | 38 |
| Listing Provided By | The Agency | Chris Costabile |
Features
| Bed(s) | 14 |
|---|---|
| Bath(s) | 7 |
| SQ Feet | 5,896 |
| Story(s) | 2 |
| Units | 4 |
| Zoning | HR |
Request a showing
Request a showing
Contact
Learn More About This Property
| Province | ON |
|---|---|
| County | Elgin |
| City | St. Thomas |
| Postal Code | N5P 3S7 |
| Area | Malahide |
| Subarea | Orwell |
| Community Name | Orwell |
| Listing VS Median (in Orwell) | |
Price: $1,225,000 low | high Med: $1,225,000 SqFt: 5,896 low | high Med: 5,896 $ / SqFt: $208 low | high Med: $208 On Site: 38 low | high Med: 38.000000 | |