Property Details
275 TALBOT STREET, St. Thomas, Ontario, N5P1B3
RE/MAX Centre City Realty Inc., Brokerage - London*
Cell: Sagheer: 519-694-1850 | Pal:519-619-9497
Tel: 519- 667-1800
$1,295,000 - For sale
Excellent Investment Opportunity near the Prestigious Courthouse area of Downtown St. Thomas. Recently Updated Mixed use Commercial Building with 7 Residential Units ( 6 One Bedroom Units + 1 Bachelor )and One Commercial Unit. Gross Yearly Income of $116,280.00. Current NET Income shows an approximate 7.4% return on asking price. Each Unit has its own Hydro meter and all Tenants pay their own Heat & Hydro. Building has Secure Entry, Fire Alarm System and Panel, Security Cameras and Emergency Exits. Recent Updates Include Renovations and Upgrades to Units 1,2,3,4,5 and 7. Exterior Front/Side/Rear Wall Elevations Renovated along with Exterior Windows ( 3 Years ago ), Interior Hallways Renovated with all Vinyl Flooring and LED Sensor Lighting ( 2 Years ago ). Owned Hot Water Heaters ( 2 Years ago ). Easy Access to London and Highway 401 as well as Port Stanley's Beaches. Walking distance to Convenient Shopping including Grocery Stores, Service Centres, Boutiques and more. (id:2471)
Location DescriptionCross Streets: TALBOT STREET AND ST. GEORGE STREET. ** Directions: FROM WELLINGTON ROAD HEADING SOUTH FROM LONDON OR 401, TURN EAST ON ROUND-A-BOUT AT TALBOT STREET IN ST THOMAS, PROPERTY IS ON NORTH SIDE OF TALBOT.
- Property Address:275 TALBOT STREET, St. Thomas, Ontario, N5P1B3
- Property Type:Retail
- Community Name:St. Thomas
- Lot Size:0.09 ac
- Sewage Type:Sanitary sewer
- Water Type:Municipal water
- Heating Type:Baseboard heaters
- Cooling Type:None
- Appliances Included:Water Heater
Real Estate Broker ABR®️, SRS
RE/MAX Centre City Realty Inc., Brokerage - London*
Cell: Sagheer: 519-694-1850 | Pal:519-619-9497
Tel: 519- 667-1800
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.
- Map 275 TALBOT STREET, St. Thomas, Ontario, N5P1B3
- Neighbourhood Information
275 TALBOT STREET, St. Thomas, Ontario, N5P1B3
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