Address
42 Pearl Street, St. Thomas, ON
Price
$ 945,000
Property Attributes
  • ID#40535551
  • TypeMulti-Family
  • CitySt. Thomas
  • AreaLondon and St Thomas
  • Postal CodeN5P 2P4
  • Style
  • Price$ 945,000
  • Bedrooms10
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8000
Data Source:
RLP - CREA EN
Property Description

Exciting investment opportunity for a distinctive six-unit property situated on an expansive lot in the heart of St. Thomas's Downtown core. This well-maintained apartment building comprises four one-bedroom units and two two-bedroom units. Recent updates over the past five years include a new roof, soffit, fascia, and eavestrough, along with the renovation of three units and common area hallways. Additionally, the property offers possibilities for installing coin laundry or creating separate storage units within the building. Positioned for visibility and charm in a rapidly expanding community, this property is primed for a new investor. It is being sold in "as-is" condition, with two units currently vacant.

General Features

Zoning R4
Terms SALE
Parking yes
Inclusions None
Parking Spaces 7

Interior Features

Bedrooms 10
Beds 10

Exterior Features

Lot Frontage 72.00

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in N5P 2P4

Price
AVG $950K
$950K
Visits
AVG 15
15
Data Provided by Inside Real Estate®