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$ 1,079,900
Est. payment /mo
Price Dropped by $20K
119 ERIE STREET St. Thomas, ON N5R2N1
8 Beds
4 Baths
2,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $431
Subdivision St. Thomas
MLS® Listing ID X12259065
Bedrooms 8
Source London and St. Thomas Association of REALTORS®
Property Description
Beautifully Updated 4-Plex in a Prime Family-Friendly Neighborhood. Welcome to this exceptional 4-plex, offering a rare blend of timeless character and modern upgrades in a desirable, family-oriented location. Each of the four spacious 2-bedroom units has been thoughtfully renovated, making this a turnkey investment opportunity or an ideal multi-family living space. Inside, you'll find beautifully refinished hardwood floors that bring warmth and charm to every unit. The kitchens are a standout feature finished with granite or quartz countertops for a sleek, durable workspace. Pride of ownership shines throughout, with each unit meticulously maintained to ensure tenant comfort and satisfaction. Tenants can enjoy a shared, fully fenced yard complete with a lovely gazebo perfect for outdoor relaxation or summer gatherings. The property is as functional as it is attractive, boasting a long-lasting metal roof and a newer water furnace for added efficiency and peace of mind. With four dedicated parking spaces and a double garage, there's ample room for tenant vehicles and storage. This property isn't just a place to live its a community where tenants can feel at home. Additional Highlights: Gross rental income: $62,508/year. Shared laundry income: $100-130/month. Utility costs (shared): Hydro for basement & water ranges from $200-240/month, gas between $100-150/month (not on budget). Whether you're looking to expand your investment portfolio or secure a multi-family property with excellent income potential, this well-maintained 4-plex is a must-see. Book your private showing today and discover what sets this property apart. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 6
Private Pool No
Building
Lot Description Landscaped
Story 2
Sewer Sanitary sewer
Listed by ELGIN REALTY LIMITED
