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$ 474,900

Est. payment | -/mo

6 Beds

3 Baths

Save

$ 474,900

Est. payment | -/mo

Save

6 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision St. Thomas

MLS Listing ID X12686352

Style 2 1/2 Storey

Bedrooms 6

Annual Tax Amount $2,704

Tax Year 2025

Property Sub-Type Duplex

Property Description

Two semi detached homes under one ownership! Welcome to 67-69 Elizabeth Street located in the lovely city of St. Thomas! Fully tenanted and with a cap rate of just under 6%, this property pays for itself and makes it the perfect opportunity for investors to grow your portfolio. 67 Elizabeth features plenty of natural light with an open concept on the main level, 3 bedrooms, 1.5 baths and an attic space which could be used as an additional loft when finished. 69 Elizabeth features 3 bedrooms, 1 bath and is home to long term tenants who manage both the landscaping and snow removal! This home is located near downtown St. Thomas, has easy access to the highway, shopping, restaurants, parks, the new Amazon Distribution Centre, and the upcoming VW Plant! With monthly rental income of $3,000, $1,800 plus gas and electricity from unit 67 and $1,200 plus gas and electricity from unit 69, this property pays for itself. Don't miss the chance to add to your investment portfolio! Recent work has been done: Sump Pump Installation with 1/2 HP Back-Up Sump Pump, Sump Pit/Cover and Internal Water Management System with (approx.) 32 feet. Internal Drainage System, Weepers connected to new Sump and Air Gap Drainage Membrane installed

Location

Province ON

County Elgin

Area Elgin

Zoning C8

Rooms

Family Room No

Basement Separate Entrance, Unfinished

Kitchen 2

Interior

Interior Features Separate Hydro Meter, Sump Pump

Cooling Window Unit(s)

Inclusions carbonmonox smoke detector

Exterior

Parking Features Private Double

Pool None

Roof Type Asphalt Shingle

Lot Frontage 67.29

Lot Depth 67.15

Total Parking Spaces 3

Building

Building Age 100+

Foundation Block

Others

Senior Community No

ParcelsYN No

Listed by ELGIN REALTY LIMITED

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67-69 Elizabeth ST St. Thomas, ON N5R 2X3