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52 Hiawatha Street St. Thomas, Ontario N5P 2T4

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9373 sqft
3 Level, Multi-Unit Baseboard Heaters

$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:48305)

Business

Business Type Residential
Business Sub Type Residential

Property Details

MLS® Number H4181383
Property Type Multi-family
Equipment Type None
Features Paved Driveway
Parking Space Total 15
Rental Equipment Type None

Building

Architectural Style 3 Level, Multi-unit
Basement Type None
Exterior Finish Brick
Fire Protection Smoke Detectors
Foundation Type Block
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 3
Size Exterior 9373 Sqft
Size Interior 9373 Sqft
Type Apartment
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Municipal Sewage System
Size Frontage 98 Ft
Size Irregular 103.82 Ft X 140.14 Ft X 8.81 Ft X 82.04 Ft X 190.7
Size Total Text 103.82 Ft X 140.14 Ft X 8.81 Ft X 82.04 Ft X 190.7

https://www.realtor.ca/real-estate/26335101/52-hiawatha-street-st-thomas

*All information provided by the Brantford Regional Real Estate Association (BRREA) and ITSO for the highest number of completed transactions since January 1, 2015. All Brantford MLS® House Listings come from the various systems operated by Real Estate Boards and Associations across Canada. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used underlicense. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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