33 Bedroom
18 Bathroom
13,050 ft2
Wall Unit
Baseboard Heaters, Radiant Heat
$3,800,000
Exceptional multi-residential investment opportunity in the growing community of St. Thomas. This renovated apartment building features multiple residential units with strong rental demand and a desirable location close to downtown amenities, shopping, parks, schools, and public transit. The property offers investors a stable income-producing asset with a diversified tenant base and potential for future revenue growth through rental increases and operational efficiencies. The building has benefited from ongoing maintenance and capital improvements, helping to minimize near-term expenditures. Spacious suites, updated interiors, ample natural light, and on-site parking contribute to the property's appeal among renters. Situated in a market experiencing significant economic growth and investment, this asset presents an attractive opportunity for both private and institutional investors seeking long-term appreciation and dependable cash flow. Whether expanding an existing portfolio or acquiring a turnkey multi-family property, this offering combines current income, future upside potential, and a strategic location in one of Southwestern Ontario's fastest-growing rental markets. (id:39551)
Property Details
|
MLS® Number
|
40836039 |
|
Property Type
|
Multi-family |
|
Amenities Near By
|
Park, Schools, Shopping |
|
Features
|
Paved Driveway, Laundry- Coin Operated |
|
Parking Space Total
|
18 |
|
Structure
|
Shed |
Building
|
Bathroom Total
|
18 |
|
Bedrooms Total
|
33 |
|
Appliances
|
Microwave |
|
Basement Type
|
None |
|
Constructed Date
|
1966 |
|
Cooling Type
|
Wall Unit |
|
Exterior Finish
|
Vinyl Siding |
|
Foundation Type
|
Poured Concrete |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Baseboard Heaters, Radiant Heat |
|
Stories Total
|
3 |
|
Size Interior
|
13,050 Ft2 |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Park, Schools, Shopping |
|
Sewer
|
Municipal Sewage System |
|
Size Frontage
|
97 Ft |
|
Size Irregular
|
0.894 |
|
Size Total
|
0.894 Ac|1/2 - 1.99 Acres |
|
Size Total Text
|
0.894 Ac|1/2 - 1.99 Acres |
|
Zoning Description
|
R5-1 |
https://www.realtor.ca/real-estate/29846043/14-holland-street-st-thomas