47 FOREST AVENUE, St. Thomas, Ontario N5R2J1

Excellent investment opportunity with this well-maintained legal triplex featuring three spacious 2-bedroom units. Each unit offers very large bedrooms and a private, separate entrance. Beautifully upgraded throughout, the property has been consistently cared for and clearly shows pride of ownership. The building generates strong income with gross rents of $4,343 per month, including revenue from coin-operated laundry. Tenants pay their own hydro and water, helping keep operating expenses low. Additional highlights include six on-site parking spaces, a highly desirable amenity for tenants .Recent upgrades include new wiring throughout, new insulation in the roof, all walls, and basement, a new asphalt roof, and replacement of the main sewer line .An ideal opportunity for investors or owner-occupiers seeking a turnkey, income-producing property.
Property Specifications
Comprehensive breakdown of features and details.
Interior Details
Building & Exterior
Land & Location
Listing & Financials
Other Specifications
For Sale
$629,000
Beds
6
Baths
3
Living Area
-
Lot Size
-
Property Type
Triplex
Year Built
-