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52 Hiawatha St St. Thomas, Ontario N5P 2T4

9373 sqft

$2,400,000

The Investments Group is proud to offer for sale 52 Hiawatha Street, St. Thomas, ON, a 12-unit purpose-built multifamily opportunity. This building offers 11 two-bedroom units and 1 one-bedroom unit, the property is perfectly situated in a central location, offering proximity to downtown and essential amenities, all within the main employment node. The inclusion of separate hydro meters enhances operational efficiency, while recent capital upgrades within the last two years ensure a well-maintained asset with strong economic life. The property's unique selling point lies in its substantial 40% rental upside, providing an attractive proposition for investors seeking strong returns. (id:56693)

Property Details

MLS® Number X7343028
Property Type Multi-family

Building

Size Interior 9373 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Irregular 98.17 Ft
Size Total Text 98.17 Ft

https://www.realtor.ca/real-estate/26339483/52-hiawatha-st-st-thomas

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Zac Willms
Salesperson

(905) 568-2121

Royal LePage Signature Realty

(905) 568-2121
(905) 568-2588

Jacob Campagnaro
Salesperson

(905) 568-2121

Royal LePage Signature Realty

(905) 568-2121
(905) 568-2588

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