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2.5 ANTRIM STREET, St. Thomas

3 BEDS · 3 BATHS · 1500 - 2000 sqft

$519,900

INVESTMENT OPPORTUNITY! Legal 1 1/2 - storey duplex offering 2 self-contained units, ideally located in northwest St. Thomas, just 2 blocks from downtown! The freshly updated main-floor unit features 2 bedrooms, living and dining rooms, 4-piece bath and laundry. Lower level offers an additional legal bedroom, living area and ample storage. The upper unit has been extensively renovated with updated flooring, windows and fresh paint. Ideal for investors or first-time buyers wishing to live in one unit while generating rental income from the other! Potential gross annual income of $36,000, estimated expenses of $5,000 and projected net operating income of $31,000 before debt servicing. Approximate 5.96% cap rate at the $519,900 asking price. Mutual driveway with ONE parking space. Just a 5-minute drive to June Rose Callwood Public School. An excellent opportunity to build equity! Easy to show!

General Info


MLS Listing ID: X14085164 Bedrooms: 3 Bathrooms: 3 Year Built: 0
Listing Type: Single Family Half Baths: 1 Fireplace Fuel: N/A Maintenance Fee: N/A
Foundation: Block, Stone Roof: N/A Title To Land: Freehold Parking Space Total: 1
Parking: No Garage Heating: Forced air Size: 1500 - 2000 sqft Air Conditioning : Central air conditioning
Home Style: N/A Finished Floor Area: N/A Fireplaces: Smoke Detectors Basement: Full (Finished)
Water Supply: Municipal water Road Type: N/A Pool Type: N/A

Amenities/Features


  • Irregular lot size
  • Flat site
  • Dry
  • Paved yard

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