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$ 549,900
Est. payment /mo
New
42 REDAN ST St. Thomas, ON N5P 1T4
9 Beds
4 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision St. Thomas
MLS Listing ID X12706308
Bedrooms 9
Annual Tax Amount $4,460
Tax Year 2025
Property Sub-Type Investment
Property Description
Great Multi-Family opportunity in a solid yellow brick 2 Storey home with 4 units! Amazing offer - 2 three-bedroom apartments (one is rented for $1640 plus hydro the other is vacant ) one two-bedroom apartment (vacant) and one one-bedroom apartment ($625 plus hydro) . Each tenant pays their own electricity. Building is walking distance from down town St. Thomas and all major stores and shopping areas. Parking for 4 cars. Apartment 1 has a separate outdoor barbecue area. All residents are month to month, however, all have occupied for more than one year and are very consistent with payments . 2 years ago, all apartments were completely renovated with the replacement of plumbing. In one part of the basement, water pipes (heating) were completely replaced. Brand new broiler system put in All electrical wiring redone. Brand new Water heater is owned.
Location
Province ON
County Elgin
Community St. Thomas
Area Elgin
Zoning R3
Rooms
Kitchen 0
Interior
Cooling No
Inclusions washer, dryer, 3 dishwashers, 4 fridges, 4 stoves, hot water tank,
Exterior
Community Features Public Transit
Utilities Available Yes
Lot Frontage 79.66
Lot Depth 92.58
Building
Lot Description Irregular Lot
New Construction false
Others
Security Features No
ParcelsYN No
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Listed by ROYAL LEPAGE RESULTS REALTY