MULTI-FAMILY TRIPLEX IN DESIRABLE ST. THOMAS NEIGHBORHOOD - PERFECT FOR INVESTORS!

Asking Price: $599,999
109 Flora Street St Thomas, ON Canada

About 109 Flora Street:

Welcome to the beautiful city of St. Thomas, where the air is fresher, the sun shines brighter, and the people are friendly. We have a fantastic opportunity for you to invest in a multi-family triplex located in the desirable NW subdivision.

This freehold property sits on a charming lot that spans just under half an acre and boasts a frontage of 44 feet. The exterior of this detached home is finished with durable and low-maintenance aluminum siding, ensuring that it remains beautiful for years to come.

As you step inside, you'll notice that the interior features of this triplex are just as impressive as the exterior. With 1848 square feet of living space, the property has a lot of room to offer. The first floor features a spacious and bright living area, perfect for entertaining guests or relaxing with family.

The second floor has a total of three units, each with its own unique charm. The units vary in size, but each one is equipped with all the necessary amenities to make your tenants feel right at home.

One of the most significant advantages of this property is the natural gas boiler heating, which is incredibly efficient and cost-effective. You'll be able to save a lot of money on your energy bills, making this investment even more attractive.

The basement is partially unfinished, which gives you plenty of room to add your own personal touch. You can convert it into a storage area, a laundry room, or even an additional living space. The possibilities are endless.

As for the neighborhood, you'll be pleased to know that it's located in a quiet and peaceful area, perfect for families and professionals. There are several schools nearby, making it an ideal location for families with young children. There are also plenty of amenities nearby, such as shopping centers, restaurants, and parks, making it an excellent choice for anyone looking for convenience and comfort.

This triplex is an excellent investment opportunity for anyone looking to start or expand their real estate portfolio. With three separate units, you'll be able to generate a steady stream of income from your tenants, which is incredibly beneficial in the long run.

The property is zoned R3, which means that there are plenty of opportunities for future development. You could add more units, renovate the existing ones, or even sell the property in the future for a higher price.

Overall, this multi-family triplex is an excellent investment opportunity that you won't want to miss. It's located in a desirable area, has plenty of square footage, and is equipped with all the necessary features to make your tenants feel right at home. Contact us today to schedule a viewing and see for yourself why this property is the right choice for you.

This property also matches your preferences:

Features of Property

Type of Real Estate

Multi-family

Type of Building

Triplex

Floors

2

Square Footage

1848

Subdivision Name

NW

Title

Freehold

Land Size

under 1/2 acre

This property might also be to your liking:

Features of Building

Bathrooms
Total

0

Interior Features
Basement Type

Partial (Unfinished)

Building Features
Style

Detached

Fire Protection

None

Square Footage

1848

Total Units

3

Heating & Cooling
Other

None

Heating System

Boiler, (Natural gas)

Utilities
Utility Sewer

Municipal sewage system

Water

Municipal water

Exterior Features
Exterior Finish

Aluminum siding

Neighbourhood Features
Community

Quiet Area

Nearby

Schools

Plot Details

Lot Features
Frontage

44 ft

Other Property Information
Zoning Description

R3

Property Agent

JEFF WYBO

THE AGENCY REAL ESTATE

304-1886 OXFORD STREET WEST, LONDON, Ontario N6K0J8

Based on this property you'll like these too: