2.5 Antrim Street, St. Thomas, ON N5P 1S3
St. Thomas, ON N5P 1S3
About this property
INVESTMENT OPPORTUNITY! Legal 1 1/2 - storey duplex offering 2 self-contained units, ideally located in northwest St. Thomas, just 2 blocks from downtown! The freshly updated main-floor unit features 2 bedrooms, living and dining rooms, 4-piece bath and laundry. Lower level offers an additional legal bedroom, living area and ample storage. The upper unit has been extensively renovated with updated flooring, windows and fresh paint. Ideal for investors or first-time buyers wishing to live in one unit while generating rental income from the other! Potential gross annual income of $36,000, estimated expenses of $5,000 and projected net operating income of $31,000 before debt servicing. Approximate 5.96% cap rate at the $519,900 asking price. Mutual driveway with ONE parking space. Just a 5-minute drive to June Rose Callwood Public School. An excellent opportunity to build equity! Easy to show!
Property facts & features
- Property type
- Detached
- MLS® number
- X14085164
- Source status
- New
- Bedrooms
- 3
- Bathrooms
- 3
- Reported interior area
- Not provided
- Neighbourhood
- Not provided
- Postal code
- N5P 1S3
- Parking spaces
- 1
- Garage
- None
- Lot depth (source units)
- 73.25
- Annual property tax
- 2290
- Basement
- Full, Finished
- Laundry
- Not provided
- Interior features
- Floor Drain, Separate Hydro Meter, Storage Area Lockers, Upgraded Insulation, Water Heater, Water Meter, Workbench
- Exterior features
- Patio, Paved Yard, Porch, Year Round Living
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $519,900
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Explore active properties in St. Thomas →Listing brokerage: ROYAL LEPAGE TRILAND REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X14085164. Information deemed reliable but not guaranteed.