52 Hiawatha Street

St. Thomas, Ontario, N5P2T4, Canada

$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.

EXTRAS: Paved driveway

Virtual Tour: https://youriguide.com/52_hiawatha_street_st_thomas_on/

Last updated on : Thursday 16th of May 2024 09:07:59 AM

ADDRESS

Street : 52 Hiawatha Street

City : St. Thomas

Province : Ontario

Country : Canada

Postal Code : N5P2T4

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PROPERTY SUMMARY

Property ID : H4181383

Building Type : Apartment

Property Type : Multi-family

Parking : 15

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