25-26 Station Street, St. Thomas, ON, N5P 2W8

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For Sale, ID#: 40331851
25-26 Station Street
St. Thomas ON
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4 Beds
3 Bath
$524,900

This 1.5 story triplex is a great income opportunity with lots of upside due to 2 of the 3 unit rents well below market. The large 2-bedroom main floor unit in the front has been fully updated. New flooring, kitchen, appliances (including fridge, stove, dishwasher, washer, dryer-existing), trim, lighting, doors, hardware, new bathroom with tile shower all with stylish modern design. The upper studio unit was recently renovated and is a good size and easily converted to a 1 bedroom by adding a wall. 1 bedroom unit in main floor rear as well. Current rents: 2 bedroom - $1650, one-bedroom - $650 and studio is $543. 2-bedroom tenant is on 1 year lease, other 2 tenants are month to month. Tenants pay separately metered hydro and landlord pays heat for main and upper and for water for all. Rear unit is heated by electric baseboards. Gas fireplace in upper. Small lot across the street (26 Station St.) is included which adds 3 additional parking spaces making it 4-5 in total. Furnace replaced October 2017 & water heaters are owned and new in 2016. New roof and underlayment (2022), freshly painted exterior portions, new window in Unit A. There is a large shop in the rear yard which has been cleaned, painted and is now rented on lease for $515 per month.

Representatives
Richard Haddow
Richard HaddowSales Representative
RE/MAX Centre City Realty Inc., Brokerage - St. Thomas
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Property Details
  • Property Address: 25-26 Station Street, St. Thomas, ON, N5P 2W8
  • Property Type: Residential Income
  • Zoning Description: RES
  • Sewage Type: Sewer (Municipal)
  • Water Type: Municipal-Metered
  • Driveway: Carport Parking, Private Drive Single Wide, Carport Parking, Private Drive Single Wide
  • Total Parking Spaces: 5
  • Waterfront Type: false
  • Maintenance Fee: 0.00
Structure Details
  • Storeys: 1.5
  • Bedrooms: 4
  • Bathrooms: 3-Total
  • Basement Type: Partial, Unfinished
  • Cooling: Central Air
  • Exterior Type: Vinyl Siding
  • Appliances Included: Water Heater Owned, Hot Water Tank Owned, Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Structures: Multi-3 Unit
Amenities / Features
  • Separate Hydro Meters
  • Gas
  • Main Level
  • Urban
  • City Lot
  • Highway Access
  • Landscaped
  • Library
  • Major Anchor
  • Park
  • Place of Worship
  • Playground Nearby
  • Public Parking
  • Schools
  • Shopping Nearby
  • Trails
  • Porch
  • None
Neighbourhood Information

Listing Offices: RE/MAX HALLMARK A TEAM

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25-26 Station Street, St. Thomas, ON, N5P 2W8

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