33 Station Street, St. Thomas, ON

$800,000

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6

Baths

0.19

Acres

About 33 Station Street

Welcome to 33 Station located in growing St. Thomas. This six-unit building offers an exceptional opportunity for savvy investors. Comprised of 2 x three-bedroom units, 2 x two-bedroom units, and 2 x one-bedroom units. The building features seven hydro meters, one water meter, and one gas meter, ensuring efficient utility management. Recent updates include windows, kitchens, bathrooms, electrical, and plumbing. St. Thomas is experiencing a surge in development, making it a hot spot for investors. Major projects such as the new VW Battery Plant and the Amazon Facility are driving economic growth and attracting a robust workforce. The great tenant profile currently residing in the building offers stability, with room for rent increases, further increasing the income potential. Located in a thriving area with easy access to essential amenities, public transportation, schools, and parks. The combination of solid income, future development opportunities, and a prime location makes this property an excellent addition to any investment portfolio. Don't miss out on this fantastic opportunity.

Features of 33 Station Street

MLS® # X13484876
Price $800,000
Bathrooms 6.00
Acres 0.19
Type Commercial
Sub-Type Investment
Status Active

Community Information

Address 33 Station Street
Area Elgin
Subdivision St. Thomas
City St. Thomas
Province ON
Postal Code N5P 2X1

Amenities

Parking Spaces 6
Garages None
Is Waterfront No

Interior

Heating Gas Hot Water
Cooling No
Fireplace No

Listing Details

OfficeKELLER WILLIAMS LIFESTYLES

Listing Map