54 Elizabeth St
SW, St. Thomas, N5R 2X1
FOR SALE
$569,900
Expired
$0
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4
BEDROOMS4
BATHROOMS4
KITCHENS11
ROOMSX9241691
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-06 | 2024-10-31 | 89 | $569,900 | - | Expired |
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Property Description
Welcome To 54 Elizabeth Street, An Exceptional Investment Opportunity In The Heart Of St. Thomas. Key Features Include 4 Self Contained 1Bed/1Bath Units, A Common Laundry Area With Secure Keypad Access, Central Air Conditioner, And 3 Units With Recent Cosmetic Upgrades, Including New Kitchens, Vinyl Flooring And New Bathroom Fixtures. This Turnkey Fourplex Is Situated Within Walking Distance To Downtown St. Thomas, Tenants Will Have Easy Access To Multiple Grocery Stores, Bank Branches, Restaurants, Cafes, And Bars As Well As Quick Access To Public Transit. As A Bonus For The Discerning Investors, Act Fast And Secure This Property Completely Vacant By October 1St To Set Your Own Market Rents And Select The Best Tenants To Maximize Your Investment Returns!
Extras
Financial Highlights: Potential Rental Income (Conservative Market Rent= 2 Units $1050 +Hydro, 2 Units $1150 Inclusive): $52,800/Year Total Operating Expenses: $9,585/Year. Net Operating Income: $43,215/Year. Potential Cap Rate: 7.2%
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