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119 ERIE STREET St. Thomas (SW)

119 ERIE STREET, St. Thomas (SW)

$1,099,500

  • 8
  • 4
Welcome to this beautifully updated 4plex, perfectly situated in a family-friendly neighborhood. Each of the four 2-bedroom units offers a blend of modern upgrades and timeless charm, making this property a standout investment opportunity or a wonderful place to call home. Step inside to find beautifully refinished wood floors that add warmth and character to each unit. The kitchens are thoughtfully designed, featuring granite or quartz countertops that provide both style and durability. Pride of ownership is evident throughout, with each unit meticulously maintained and updated to ensure comfort and satisfaction. Outside, tenants can enjoy a shared fenced yard, complete with a charming gazebo perfect for outdoor gatherings or peaceful relaxation. The property also boasts a durable metal roof and a new water furnace, adding to the long-term value and efficiency of the home. With four parking spaces and a double garage, there's plenty of room for tenants to park and store belongings. This 4plex is not just a place to live, it's a community where families can thrive. Don't miss this rare opportunity to own a beautifully updated multi-unit property in a sought-after neighborhood. Schedule a viewing today and see for yourself the quality and care that sets this 4plex apart. Financial information , hydro for basement and water is between 284 to 350 per month, Gas is not on budget and runs between $54 and $200 per month. Rental income currently is $61,404 gross, with potential of $79200. Income for laundry ranges from $132 to $214, but expected increase with 2 new tenants in the main part of house. **** EXTRAS **** Rents for front of 4plex are 1800 and 1600 and the back portion are 897 and 820. First 2 on lease until fall of 2025, and last 2 are month to month long term tenants. Only unit 2 has central air. Tenants pay hydro. Each unit approx 850sf (id:23309)
  • Listing ID: X9269154
  • Property Type: Multi-family
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Details

  • Equipment: None
  • Features: Level
  • Parking Spaces: 6
  • Rental Equipment: None
  • Structure: Deck, Porch
  • Transaction: For sale
  • Zoning Description: R4

Building

  • Appliances: Water Heater, Water Heater - Tankless
  • BasementType: N/A (Unfinished)
  • Basement Development: Unfinished
  • Bedrooms Main Level: 6
  • Bedrooms Lower Level: 2
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Foundation: Block, Poured Concrete
  • Bathrooms (Total): 4
  • Heating: Hot water radiator heat
  • Heating Fuel: Natural gas
  • Stories Total: 2
  • Type: Other
  • Utility Water: Municipal water

Land

  • Fence: Fenced yard
  • Landscape Features: Landscaped
  • Sewer: Sanitary sewer
  • Size Depth: 123 ft
  • Size Frontage: 54 ft
  • Size Irregular: 54 x 123 FT

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    This property for sale, located at 119 ERIE STREET in St. Thomas (SW), was last modified on September 3rd, 2024. Let us connect you with one of our real estate agents to schedule a viewing or to find other properties for sale in St. Thomas (SW).

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