POWER OF SALE: 23-unit, fully vacant, 3-storey walk-up apartment building in the heart of St. Thomas offering the perfect investment opportunity.The building features Twenty-Three fully renovated 1-Bedroom suites, including flooring, kitchens, electrical, common areas and abundance of surface parking for tenants.Potential to add additional units on site given its location to local amenities and arterial road access.Sitting on 0.66 acres of land directly across from the St. Thomas Elgin General Hospital, this property offers investors the perfect location for future tenants, close to amenities including Amazon Fulfillment Centre and Volkswagen's Electrical Battery Plant.Property being sold 'as is, where is'. See Sample Floor Plan Attached. |
Price | $4,299,900 |
Taxes: | $31017.74 |
Tax Type: | Annual |
Occupancy: | Vacant |
Address: | 232 Elm Stre , St. Thomas, N5R 1J5, Elgin |
Postal Code: | N5R 1J5 |
Province/State: | Elgin |
Legal Description: | LT 3-7 BLK 62 PL 65 ST. THOMAS EXCEPT PT |
Directions/Cross Streets: | Elm St. & First Ave. |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Category: | Apartment |
Use: | Apts - Over 20 Units |
Building Percentage: | T |
Total Area: | 15000.00 |
Total Area Code: | Square Feet |
Sprinklers: | No |
Washrooms: | 0 |
Heat Type: | Other |
Central Air Conditioning: | No |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
SOURCE 4 REALTY INC. |
|
Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Elgin |
Municipality: | St. Thomas |
Neighbourhood: | St. Thomas |
Tax: | $31,017.74 |
Fireplace: | N |