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CAONSaint Thomas79 St Catharine St
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79 St Catharine St, Saint Thomas, ON

Real Estate

Canceled

$X

320

MLS® X12263713

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential
Size -
Garage No
Taxes $1,843
Lot Size 
Approx. Age 
MLS® Number X12263713

Property Address: 79 St Catharine St, Saint Thomas, ON, N5P2V9

Average square foot calculated using Size range provided by listing agent.

Description

Investor Alert! This well-maintained duplex presents an excellent opportunity with annual rental income of $34, 332 and a solid 7% cap rate. Ideally located steps away from downtown, a short drive to London, The 401 Highway and the sandy shores of Port Stanley. The main floor unit features 1 bedroom, a 3-piece bathroom, and is currently month-to-month at $1, 486/month + Hydro. Month to month tenants provide the flexibility of moving in and letting the other unit cover part of your mortgage. The upper unit is a freshly renovated 2-bedroom with its own 3-piece bath and was just leased for $1375/month + Hydro. Vacant possession of both units is an option as well! Recent upgrades include: updated electrical and plumbing, waterproofing membrane installed around the interior foundation, sump pump, 100-amp electrical panel for the upper unit. Whether you're looking to owner-occupy or expand your income property portfolio with a high-yield investment, this fully rented duplex checks all the boxes.Show Description
MLS® NumberX12263713
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementFull, Unfinished
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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Destination Address
79 St Catharine St, Saint Thomas, ON

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