679-691 Talbot Street St. Thomas, Ontario N6A 2T9
$2,295,000
Fantastic Investment opportunity in St.Thomas with a 5.5% CAP rate. Commercial on main with 10 apartments on 2nd and 3rd floor. 2 Commercial tenants on main floor and the 10 rental apartments on second floor consist of 9-1 bedroom and 1-2 bedroom unit. Attractive corner like building with great visibility and exposure, some updated apts. Pride of ownership is obvious. Currently fully leased. Tenants pay utilities. Most apartments on electric heat; seperate meters and owned water heaters. Some apartments and 2 commercial units on hot water heat, gas fired. (id:47723)
Property Details
| MLS® Number | 40317123 |
| Property Type | Other |
| Amenities Near By | Place Of Worship, Public Transit |
| Equipment Type | None |
| Features | Crushed Stone Driveway |
| Parking Space Total | 12 |
| Rental Equipment Type | None |
| Sign Type | Signband |
Building
| Basement Development | Partially Finished |
| Basement Type | Full (partially Finished) |
| Constructed Date | 1890 |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Flooring Type | Carpeted, Hardwood, Laminate, Linoleum |
| Heating Fuel | Electric, Natural Gas |
| Heating Type | Baseboard Heaters, Forced Air, Hot Water Radiator Heat |
| Stories Total | 2 |
| Size Exterior | 15000.0000 |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Place Of Worship, Public Transit |
| Sewer | Municipal Sewage System |
| Size Frontage | 102 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | C2 |
Utilities
| Electricity | Available |
| Natural Gas | Available |
https://www.realtor.ca/real-estate/24826306/679-691-talbot-street-st-thomas
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September 01 2022 05:31:18
London and St. Thomas Association of REALTORS®
Keller Williams Lifestyles Realty, Brokerage