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9524 Springwater Road St. Thomas, Ontario N5P 3S7

14 Bedroom 7 Bathroom 5895.7500
Central Air Conditioning Forced Air

$1,300,000

Welcome to a prime investment opportunity on the outskirts of charming St. Thomas! This recently renovated 4plex seamlessly blends modern comfort with financial promise. The property showcases an updated exterior and interiors, providing turnkey convenience for its new owner. Featuring spacious units with thoughtful layouts and contemporary design, each residence ensures a balance of comfort and privacy for tenants. The property's ample parking space eliminates any parking concerns for both tenants and guests. Benefit from the peace of mind that comes with having excellent tenants who not only take pride in their living spaces but also contribute positively to the community atmosphere. With a history of strong rental income, this 4plex offers a solid return on investment. Situated on the outskirts of St. Thomas, the property provides a tranquil setting while remaining close to essential amenities. Well-maintained grounds enhance the overall appeal, creating a welcoming environment for residents. The property's strategic location ensures easy access to major transportation routes, making the commute convenient for tenants. Whether you're a seasoned investor or just entering the real estate market, this 4plex in St. Thomas presents a rare opportunity for a lucrative investment. Don't miss your chance to own this promising property. Call today to schedule a viewing and take the next step toward securing a sound financial future. Rental income is $109,200. (id:32152)

Property Details

MLS® Number 40514420
Property Type Multi-family
Community Features Quiet Area
Features Sump Pump
Parking Space Total 15

Building

Bathroom Total 7
Bedrooms Total 14
Basement Type None
Constructed Date 1983
Cooling Type Central Air Conditioning
Exterior Finish Brick, Vinyl Siding
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 5895.7500
Type Fourplex
Utility Water Municipal Water

Land

Acreage No
Sewer Septic System
Size Depth 204 Ft
Size Frontage 125 Ft
Size Total Text 1/2 - 1.99 Acres
Zoning Description R2

https://www.realtor.ca/real-estate/26296174/9524-springwater-road-st-thomas

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