9524 Springwater Road St. Thomas, Ontario N5P 3S7

14 Bedroom 7 Bathroom 5896 sqft
Central Air Conditioning Forced Air

$1,225,000

A great opportunity to invest in a fully renovated 4plex on the outskirts of picturesque St. Thomas! With recently updated interiors and exteriors, it’s ready for new ownership with no additional work required. Each of the four spacious units is designed with a modern layout, and ample parking is available for tenants and their guests. The property is well-maintained and boasts a strong rental income of $109,200 per year, supported by responsible tenants who value their homes and keep the property in excellent condition. Positioned in a quiet area just outside St. Thomas, it combines the best of both worlds: a serene setting with easy access to local amenities and main transportation routes. This 4plex is ideal for both new investors looking to break into the market and experienced ones seeking to expand their portfolio. Don’t miss this chance to secure a sound and profitable investment. (id:47351)

Property Details

MLS® Number 40638381
Property Type Multi-family
CommunityFeatures Quiet Area
Features Sump Pump
ParkingSpaceTotal 15

Building

BathroomTotal 7
BedroomsTotal 14
BasementType None
ConstructedDate 1983
CoolingType Central Air Conditioning
ExteriorFinish Brick, Vinyl Siding
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 5896 Sqft
Type Fourplex
UtilityWater Municipal Water

Land

Acreage No
Sewer Septic System
SizeDepth 204 Ft
SizeFrontage 125 Ft
SizeTotalText 1/2 - 1.99 Acres
ZoningDescription Hr

https://www.realtor.ca/real-estate/27369815/9524-springwater-road-st-thomas