47 FOREST AVENUE, St. Thomas, Ontario N5R2J1

47 FOREST AVENUE
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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

BasementUnfinished, N/A
Bathrooms Total3
Bedrooms Total6
CoolingNone
HeatingForced air, Natural gas

Building & Exterior

Exterior FeaturesVinyl siding
Foundation DetailsConcrete
Parking FeaturesNo Garage
Stories2.0

Land & Location

City RegionSt. Thomas
Frontage Length52.9 feet
Lot Size Dimensions52.8 x 120 FT

Listing & Financials

Listing OfficeBLUE FOREST REALTY INC.
Originating System NameLondon and St. Thomas Association of REALTORS®

Other Specifications

CountryCanada
Parking Total6

For Sale

$629,000

47 FOREST AVENUE, St. Thomas, Ontario N5R2J1

Beds

6

Baths

3

Living Area

-

Lot Size

-

Property Type

Triplex

Year Built

-

Listing IDX12688398

Location & Map

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47 FOREST AVENUE, St. Thomas | $629,000 | Lify.ca