+44 more
6
Bedrooms
2 + 1 half
Bathrooms
3,000 sqft
Living Area
3
Parking
About This Property
This 6-bedroom, 3-bathroom multi-family in St. Thomas offers 3,000 sqft of living area. 2 storeys. The property has lot dimensions of 67.3 x 67.2 FT, cross street north side of street, in between White St and Princess Ave, zoned C8. The home features forced air, natural gas heating, window air conditioner, a unfinished, separate entrance basement.
MLS Remarks
Two semi detached homes under one ownership! Welcome to 67-69 Elizabeth Street located in the lovely city of St. Thomas! Fully tenanted and with a cap rate of just under 6%, this property pays for itself and makes it the perfect opportunity for investors to grow your portfolio. 67 Elizabeth features plenty of natural light with an open concept on the main level, 3 bedrooms, 1.5 baths and an attic space which could be used as an additional loft when finished. 69 Elizabeth features 3 bedrooms, 1 bath and is home to long term tenants who manage both the landscaping and snow removal! This home is located near downtown St. Thomas, has easy access to the highway, shopping, restaurants, parks, the new Amazon Distribution Centre, and the upcoming VW Plant! With monthly rental income of $3,000, $1,800 plus gas and electricity from unit 67 and $1,200 plus gas and electricity from unit 69, this property pays for itself. Don't miss the chance to add to your investment portfolio! Recent work has been done: Sump Pump Installation with 1/2 HP Back-Up Sump Pump, Sump Pit/Cover and Internal Water Management System with (approx.) 32 feet. Internal Drainage System, Weepers connected to new Sump and Air Gap Drainage Membrane installed (id:60351)
Inclusions
carbonmonox smoke detector
Property History
MLS# X12686352| Date | Event | MLS# | Price | Change |
|---|---|---|---|---|
| — | Price Changed | X12686352 | $474,900 | -3.1% |
| Apr 8, 2025 | Listed For Sale | X12686352 | $489,900 | — |
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