ON
St. Thomas
N5R2J1
47 Forest Avenue
47 Forest Avenue, St. Thomas, ON N5R2J1
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Listing Type
Multi Family
Listing Status
Active
24
$629,000

Home Details for 47 Forest Avenue

Price
$629,000
Type
Residential Income
Bedrooms
6
Bathrooms
3.0
Square feet
NaN
Parking
Days on site
0
Listing #
X12688398
Property Description

Excellent investment opportunity with this well-maintained legal triplex featuring three spacious 2-bedroom units. Each unit offers very large bedrooms and a private, separate entrance. Beautifully upgraded throughout, the property has been consistently cared for and clearly shows pride of ownership. The building generates strong income with gross rents of $4,343 per month, including revenue from coin-operated laundry. Tenants pay their own hydro and water, helping keep operating expenses low. Additional highlights include six on-site parking spaces, a highly desirable amenity for tenants .Recent upgrades include new wiring throughout, new insulation in the roof, all walls, and basement, a new asphalt roof, and replacement of the main sewer line .An ideal opportunity for investors or owner-occupiers seeking a turnkey, income-producing property. (id:31684)

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Cooling Information
    • None
Listing Courtesy: BLUE FOREST REALTY INC.
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