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MLS® X12921172

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 2058 sqft
Garage 
Taxes $3,013
Days Active 21
Lot Size 
Approx. Age 
Avg. Price Per Sqft $249
MLS® Number X12921172

Property Address: 38 Hincks St, St. Thomas, ON, N5R3N6

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

Description

Calling all investors!! This all-brick turnkey TRIPLEX is cash flowing very nicely at current interest rates. All three units feature 1 bedroom and 1 bathroom and comes fully tenanted with A+ tenants. Investors will love the separately metered hydro, water and gas for all units(gas meters for Units 1 & 2, Unit 3 has electric heat and no gas). Units 2 and 3 have had plenty of updates/upgrades in the past 5 years such as floors, kitchens, appliances and lighting fixtures. Unit 1 received a new kitchen, including new fridge, dishwasher and microwave range hood, laminate flooring in kitchen and bathroom, as well as tub surround and bathroom sink just 3 years ago. Unit one also has direct access to a fenced in backyard. Each unit has their own hot water tank and a separate furnace for Units 1 & 2. A shared laundry facility is located in the shared basement area that stays perfectly dry due to moisture barriers installed. Current rents are $820, $1375 and $1275 per month ($41, 640 Annually) and tenants cover all utilities other than the common area/basement (landlord pays roughly $30-$50/mo). There is an outdoor fire escape ladder for Units 2 & 3. The time to purchase this amazing TURNKEY investment property is NOW, as St Thomas is poised for growth for years to come with the massive VW Battery Plant currently under construction. (id:58753)Show Description
MLS® NumberX12921172
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

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Home Estimate Zoopraisal®

This property is estimated to sell between: $346,000 and $598,000.
Similar properties in this area sold on average for: $346,100
Expected to sell in 20 days. Similar properties sold in 41 days. This home has been on Zoocasa for 21 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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