77 EAST Street, St. Thomas, Ontario, N5P2R4

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For sale, ID#: 40332634
77 EAST Street
St. Thomas Ontario
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17 Beds
18 Bath
$2,970,000

Rare opportunity to acquire an 18-unit purpose-built apartment building in a prime St. Thomas location. Take advantage of a strong local economy and hot rental market. The property features 17 1-bedroom units and 1 bachelor unit. Six units have been recently renovated. Upper units have balconies with incredible views of Athletic Park. Solid concrete/steel construction, functional unit layouts, 2012 roof membrane, 2009 windows and ongoing improvements! Great opportunity to create value through renovations - approximately 64% upside in rental income. Detailed financials and further building information available. (id:2471)

Representative
Cody Hodgins
Cody HodginsBroker
RE/MAX Centre City Realty Inc., Brokerage - St. Thomas
Property Details
  • Property Address: 77 EAST Street, St. Thomas, Ontario, N5P2R4
  • Property Type: Multi-family
  • Zoning Description: R5, NH
  • Title: Freehold
  • Lot Size: 0.671
  • Acreage: 0.671 ac|1/2 - 1.99 acres
  • Sewage Type: Municipal sewage system
  • Water Type: Municipal water
  • Access: Highway access
  • Total Parking Spaces: 18
  • Amenities Nearby: Park, Public Transit, Schools
Structure Details
  • Style: Detached
  • Storeys: 3
  • Floor Space: 10080
  • Building Age: 1968
  • Bedrooms: 17
  • Bathrooms: 18-Total
  • Basement Type: None
  • Cooling: None
  • Exterior Type: Brick, Concrete, Steel
Amenities / Features
  • Backs on greenbelt
  • Park/reserve
  • Conservation/green belt
  • Laundry- Coin operated
Neighbourhood Information

Listing Office: PRIME REAL ESTATE BROKERAGE

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77 EAST Street, St. Thomas, Ontario, N5P2R4

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