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$ 489,900
Est. payment /mo
New
67-69 Elizabeth ST St. Thomas, ON N5R 2X3
6 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision St. Thomas
MLS Listing ID X12686352
Style 2 1/2 Storey
Bedrooms 6
Annual Tax Amount $2,704
Tax Year 2025
Property Sub-Type Duplex
Property Description
Two semi detached homes under one ownership! Welcome to 67-69 Elizabeth Street located in the lovely city of St. Thomas! Fully tenanted and with a cap rate of just under 6%, this property pays for itself and makes it the perfect opportunity for investors to grow your portfolio. 67 Elizabeth features plenty of natural light with an open concept on the main level, 3 bedrooms, 1.5 baths and an attic space which could be used as an additional loft when finished. 69 Elizabeth features 3 bedrooms, 1 bath and is home to long term tenants who manage both the landscaping and snow removal! This home is located near downtown St. Thomas, has easy access to the highway, shopping, restaurants, parks, the new Amazon Distribution Centre, and the upcoming VW Plant! With monthly rental income of $3,000, $1,800 plus gas and electricity from unit 67 and $1,250 plus gas and electricity from unit 69, this property pays for itself. Don't miss the chance to add to your investment portfolio! Recent work has been done: Sump Pump Installation with 1/2 HP Back-Up Sump Pump, Sump Pit/Cover and Internal Water Management System with (approx.) 32 feet. Internal Drainage System, Weepers connected to new Sump and Air Gap Drainage Membrane installed
Location
Province ON
County Elgin
Area Elgin
Rooms
Family Room No
Basement Separate Entrance, Unfinished
Kitchen 2
Interior
Interior Features Separate Hydro Meter, Sump Pump
Cooling Window Unit(s)
Fireplace No
Heat Source Gas
Exterior
Parking Features Private Double
Pool None
Roof Type Asphalt Shingle
Lot Frontage 67.29
Lot Depth 67.15
Total Parking Spaces 3
Building
Building Age 100+
Foundation Block
Others
ParcelsYN No
Listed by ELGIN REALTY LIMITED