14 HOLLAND Street, St. Thomas, Ontario, N5R 4S2

$3,800,000

MLS® # 40836039

Investment For Sale In St. Thomas, Ontario

$3,800,000

Property Information:

Exceptional multi-residential investment opportunity in the growing community of St. Thomas. This renovated apartment building features multiple residential units with strong rental demand and a desirable location close to downtown amenities, shopping, parks, schools, and public transit. The property offers investors a stable income-producing asset with a diversified tenant base and potential for future revenue growth through rental increases and operational efficiencies. The building has benefited from ongoing maintenance and capital improvements, helping to minimize near-term expenditures. Spacious suites, updated interiors, ample natural light, and on-site parking contribute to the property's appeal among renters. Situated in a market experiencing significant economic growth and investment, this asset presents an attractive opportunity for both private and institutional investors seeking long-term appreciation and dependable cash flow. Whether expanding an existing portfolio or acquiring a turnkey multi-family property, this offering combines current income, future upside potential, and a strategic location in one of Southwestern Ontario's fastest-growing rental markets. (id:27)

Building Features:

  • Style: Multiplex
  • Air Conditioning: Yes
  • Basement Type: None
  • Exterior Finish: Vinyl siding
  • Floor Space: 13050 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Baseboard heaters, Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: Wall unit
  • Appliances: Microwave

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 33
  • Bathrooms: 18
  • Amenities Nearby: Park, Schools, Shopping
  • Built in: 1966
  • Features: Paved driveway, Laundry- Coin operated
  • Floor Space (approx): 13050 Square Feet
  • Irregular: Yes
  • Lot Frontage: 97 Feet
  • Lot Size: 0.89 Acres
  • Structure Type: Shed
  • Zoning: R5-1
  • Sewer: Municipal sewage system
  • Parking Type: Open
  • No. of Parking Spaces: 18

Courtesy of: COLDWELL BANKER PETER BENNINGER REALTY

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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