119 Erie Street, St. Thomas, ON Image 1

$1,100,000

Fourplex For Sale
MLS - #X12259065
5 days ago- By ELGIN REALTY LIMITED

119 Erie Street, St. Thomas, ON N5R 2N1

8 Bed
4 Bath
2500-3000 Sqft.
Detached Garage

Property Description

Property type

Fourplex

Lot size

< .50

Style

2-Storey

Approx. Area

2500-3000 Sqft

About 119 Erie Street

Beautifully Updated 4-Plex in a Prime Family-Friendly Neighborhood. Welcome to this exceptional 4-plex, offering a rare blend of timeless character and modern upgrades in a desirable, family-oriented location. Each of the four spacious 2-bedroom units has been thoughtfully renovated, making this a turnkey investment opportunity or an ideal multi-family living space. Inside, you'll find beautifully refinished hardwood floors that bring warmth and charm to every unit. The kitchens are a standout feature finished with granite or quartz countertops for a sleek, durable workspace. Pride of ownership shines throughout, with each unit meticulously maintained to ensure tenant comfort and satisfaction. Tenants can enjoy a shared, fully fenced yard complete with a lovely gazebo perfect for outdoor relaxation or summer gatherings. The property is as functional as it is attractive, boasting a long-lasting metal roof and a newer water furnace for added efficiency and peace of mind. With four dedicated parking spaces and a double garage, there's ample room for tenant vehicles and storage. This property isn't just a place to live its a community where tenants can feel at home. Additional Highlights: Gross rental income: $62,508/year. Shared laundry income: $100-130/month. Utility costs (shared): Hydro for basement & water ranges from $200-240/month, gas between $100-150/month (not on budget). Whether you're looking to expand your investment portfolio or secure a multi-family property with excellent income potential, this well-maintained 4-plex is a must-see. Book your private showing today and discover what sets this property apart.

Home Overview

Last updated

5 days ago

Virtual tour

None

Basement information

Full

Building size

--

Status

In-Active

Property sub type

Fourplex

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:Full
Cooling:Other
Heating:Forced Air
Parking Features:Private Double
0
Similar Homes Found
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Average Price
110000000.0%
Higher than average

Price Comparison

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Location

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Walk Score for 119 Erie Street

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

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