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Last Updated : 602 Days ago
52 Hiawatha St, St. Thomas, Ontario,

52 Hiawatha St, St. Thomas MLS Number: X7343028

St. Thomas, Elgin, ON, N5P 2T4

$2,400,000

Status: OFF MARKET

  • Property Type: Commercial (Investment)
  • Property Taxes : $21157.00 (Tax Year:2023)
  • Listing Courtesy : Royal Lepage Burloak Real Estate Services

52 Hiawatha St Property Description

The Investments Group is proud to offer for sale 52 Hiawatha Street, St. Thomas, ON, a 12-unit purpose-built multifamily opportunity. This building offers 11 two-bedroom units and 1 one-bedroom unit, the property is perfectly situated in a central location, offering proximity to downtown and essential amenities, all within the main employment node. The inclusion of separate hydro meters enhances operational efficiency, while recent capital upgrades within the last two years ensure a well-maintained asset with strong economic life. The property's unique selling point lies in its substantial 40% rental upside, providing an attractive proposition for investors seeking strong returns.

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52 Hiawatha St Property Facts

Property Type :Commercial
MLS Number :X7343028
Listing Type :Sale
Possession Date :
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Last Updated :11 Apr, 2024 (602 Days ago)
Source :TRREB
Area :Elgin
Postal Code : N5P 2T4
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52 Hiawatha St Property Price & Tax Insights

Price : $2,400,000
Property Taxes :$21157.00
Tax Year :2023

52 Hiawatha St, St. Thomas Property Details

Cross Street :Scott Street

52 Hiawatha St, St. Thomas - Price History

2024-02

14 Feb, 2024

TREB #X7343028

Available

$2400000.0

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