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67-69 ELIZABETH STREET, St. Thomas

6 BEDS · 3 BATHS · 2500 - 3000 sqft

$464,900

Two semi-detached homes under one ownership! Welcome to 67-69 Elizabeth Street located in the lovely city of St. Thomas! Fully tenanted and with a cap rate of just above 6%, this property pays for itself and makes it the perfect opportunity for investors to grow your portfolio. 67 Elizabeth features plenty of natural light with an open concept on the main level, 3 bedrooms, 1.5 baths and an attic space which could be used as an additional loft when finished. 69 Elizabeth features 3 bedrooms, 1 bath and is home to long term tenants who manage both the landscaping and snow removal! This home is located near downtown St. Thomas, has easy access to the highway, shopping, restaurants, parks, the new Amazon Distribution Centre, and the upcoming VW Plant! With monthly rental income of $3,000, $1,800 plus gas and electricity from unit 67 and $1,200 plus gas and electricity from unit 69, this property pays for itself. Don't miss the chance to add to your investment portfolio! Recent work has been done: Sump Pump Installation with 1/2 HP Back-Up Sump Pump, Sump Pit/Cover and Internal Water Management System with (approx.) 32 feet. Internal Drainage System, Weepers connected to new Sump and Air Gap Drainage Membrane installed

General Info


MLS Listing ID: X13121330 Bedrooms: 6 Bathrooms: 3 Year Built: 0
Listing Type: Multi-family Half Baths: 1 Fireplace Fuel: N/A Maintenance Fee: N/A
Foundation: Block Roof: N/A Title To Land: N/A Parking Space Total: 3
Parking: No Garage Heating: Forced air Size: 2500 - 3000 sqft Air Conditioning : Window air conditioner
Home Style: N/A Finished Floor Area: N/A Fireplaces: N/A Basement: N/A, N/A (Unfinished)
Water Supply: Municipal water Road Type: N/A Pool Type: N/A

Amenities/Features


  • Sump Pump

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