$1,950,000

26 Inkerman Street

St. Thomas ON, N5P 3E8

Description

Attention Investors! Very nice 12 plex with attached fully renovated 4 Bedroom House. Well located property just north of Talbot St. This purpose build concrete 12 plex has all 2 Bedroom units with balconies. Plenty of parking. Coin operated laundry in building. Substantial upside on rents on turnover. House was completely renovated and generates $2,200 per month. Total current monthly income of $12,000 per month. Market rents would be approximately $200,000 per year.

Details

MLS#40102052
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site15

Features

SQ Feet13,000
Units13
Building(s)1
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Area Information
ProvinceON
CountyElgin
CitySt. Thomas
Postal CodeN5P 3E8
AreaSt. Thomas
Listing VS Median (in N5P 3E8)
Price:
$1,950,000
low | high
Med:
$1,950,000
50% of Average
SqFt:
13,000
low | high
Med:
13,000
50% of Average
$ / SqFt:
$150
low | high
Med:
$150
50% of Average
On Site:
15
low | high
Med:
15
100% of Average
Sourced by Back At You
Listing Updated: May 6, 2021 8:00:52 PM PDT
BRUCE THOMAS LogoMLS Number: 40102052
Listing Provided By:
BRUCE THOMAS  of  ROYAL LEPAGE TRILAND REALTY
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