Property Information:
Unique Investment Property located close to all amenities in a desirable location of St Thomas. This property is a corner property and includes two houses - 18 Fourth Ave fronting on Fourth Ave., as well as 97 Erie Street fronting on Erie Street. So many options - full investment property, live in one unit and rent the other, or maybe use the second unit as a Granny/In-law suite……you choose! Tenants pay heat and hydro and rents are as follows: Unit 1 (18 Fourth Ave) has 2 bedrooms, 1 bath, and another finished room in the attic - tenant is month to month and pays $1329/month. Unit 2 (97 Erie St)has 2 bedrooms, 1 bath, plus another room that could be used as a 3rd bedroom or office - tenant is month to month and pays $1470/month. 18 Fourth Ave has a partial basement and crawl space. 97 Erie has crawl space. Property is being sold in "As-Is" condition, as the seller/s has not lived in the property. The fireplace in Unit 2 is not working.
Inclusions: Hot Water Tank Owned
Building Features:
-
Floor Space:
2312 Square Feet
Courtesy of: RE/MAX CENTRE CITY REALTY INC.
Data provided by: London St. Thomas Association of REALTORS® 342 Commissioners Rd. W., London, Ontario N6J 1Y3
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