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St. Thomas,ON N5P 1T1
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision St. Thomas
MLS Listing ID X11976147
Style 2-Storey
Bedrooms 3
Annual Tax Amount $2,113
Tax Year 2024
Property Sub-Type Duplex
Appx SqFt 1500-2000
Property Description
Located on a dead-end street, this brick 2 storey duplex offers both comfortable living space plus potential for rental income making it an ideal choice for savvy investors and homeowners alike. The main floor 2 BR unit, featuring spacious principal rooms, mainfloor laundry, kitchen access to the deck and fully fenced backyard was previously owner-occupied and is now vacant, presenting an excellent opportunity for new occupants or potential rental income. The well-maintained unit is ready for immediate occupancy. The upstairs unit features a very large bedroom and its own gas wall furnace heat source. It is currently rented for $840.00 per month plus heat and hydro. Anticipate a slight increase in rental income as the rent will rise to $861.00 starting March 1st. The steady tenancy offers a source of income OR envision this property restored back to a large single family home with double foyer and curved staircase. The single garage with hydro ensures convenient storage or parking and has a shared divider wall from the neighbours half. The driveway is wider at the front (1 spot for the tenant in front of house) plus an additional 3 vehicles in the single drive to the garage. (no sign on property)
Location
Province ON
County Elgin
Community St. Thomas
Area Elgin
Rooms
Family Room Yes
Kitchen 2
Interior
Cooling None
Exterior
Exterior Feature Porch,Deck
Parking Features Private
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Building
Foundation Poured Concrete,Stone