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69 Kains St, St Thomas, ON

Name: 69 Kains St, For Sale in St Thomas - Zoocasa
Brand: TEAM GLASSER REAL ESTATE BROKERAGE INC.
SKU: X14096894
Price: 469900 CAD

House

For Sale

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424

MLS® X14096894

Overview

Key Facts

Type Duplex

Levels Residential Income

Size -

Garage Yes

Taxes $2,290

Days Active 0

Lot Size

Approx. Age

MLS® Number X14096894

Property Address: 69 Kains St, St Thomas, ON, N5P1N5

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

Description

Welcome to this well maintained up and down duplex in St. Thomas, offered with vacant possession, an excellent opportunity for investors or buyers looking for a home with a built-in mortgage helper. With two separate 2-bedroom units, this property provides flexibility for a variety of ownership strategies, free of the delays or complications of existing tenancies. The property has undergone a complete renovation in previous years and has recently been freshly painted throughout. The upper unit features newer windows, and the property has a newer furnace serving both units. Each unit has its own dedicated parking space, with the upper unit also benefiting from a single car attached garage, an attractive feature for future tenants and a convenient bonus for storage. The unfinished basement provides ample additional storage and houses shared laundry facilities. From an investment perspective, the property offers the potential for approximately $3, 550 per month in combined rental income, plus hydro, based on estimated market rents of approximately $1, 750 per month for the upper unit and $1, 800 per month for the lower unit. With the property vacant, a new owner can set rents at current market rates from day one, or move in immediately and offset carrying costs with income from the second unit. For an owner occupier, live in one unit and have the rental income from the other help offset your mortgage and carrying costs. For an investor, choose your own tenants and lease terms without inheriting existing arrangements. This is a practical duplex offering a combination of rental income potential, parking, garage space, and flexibility that is increasingly difficult to find. Whether you are looking to expand your rental portfolio or purchase a home with a mortgage helper, book your showing today to see this move-in ready opportunity for yourself. Some photos have been virtually staged for illustration purposes. (id:58753)Show Description

MLS® NumberX14096894

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age

BasementUnfinished, Full

DrivewayAttached Garage, Garage

Garage Spaces

HeatForced air, Natural gas

A/CNone

Extras

How Much House Can I Afford?

Home Estimate Zoopraisal®

This property is estimated to sell between: $402,000 and $504,000.

Similar properties in this area sold on average for: $402,889

Expected to sell in 32 days. Similar properties sold in 32 days. This home has been on Zoocasa for 0 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.

Map

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