38 Hincks Street, St. Thomas, Ontario N5R 3N6
$574,000
- 3Bedrooms
- 3Bathrooms
Shed
3
Freehold
Description
Calling all investors!! This all-brick turnkey TRIPLEX is cash flowing at current interest rates. All three units feature 1 bedroom and 1 bathroom and come fully tenanted with A+ tenants. Investors will love the separately metered hydro, water and gas for all units(gas meters for Units 1 & 2, Unit 3 has electric heat and no gas). Units 2 and 3 have had plenty of updates/upgrades in the past 5 years such as floors, kitchens, appliances and lighting fixtures. Unit 1 received a new kitchen, including new fridge, dishwasher and microwave range hood, laminate flooring in kitchen and bathroom, as well as tub surround and bathroom sink just 3 years ago. Unit one also has direct access to a fenced in backyard. Each unit has their own hot water tank and a separate furnace for Units 1 & 2. A shared laundry facility is located in the shared basement area that stays perfectly dry due to moisture barriers installed. Current rents are $820, $1150 and $1375 respectively and tenants cover all utilities other than the common area/basement (landlord pays roughly $30/mo). There is an outdoor fire escape ladder for Units 2 & 3. The time to purchase this amazing TURNKEY investment property is NOW, as St Thomas is poised for growth for years to come with the massive VW Battery Plant currently under construction, and the new AMAZON Distribution Plant just minutes away in Talbotville. (id:41195)
Details
Building
3
None, Wall unit
Brick
Forced air
Baseboard heaters
Triplex
Municipal water
Municipal sewage system
Full (Unfinished)
Presented By
Presented By:
SUTTON PREFERRED
181 COMMISSIONERS ROAD WEST, London ON N6J1X9
Office: (519) 438-2222
Fax: (519) 438-1886
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April 03 2024 02:40:21
London and St. Thomas Association of REALTORS®
Prime Real Estate Brokerage
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When we decided to move to Barrie, we were referred to Joyce by our son who had been a Realtor and was aware of Joyce’s strengths. We listed our condo for sale and in short order it was sold.
We appreciated Joyce’s professional expertise and she proved to be an exceptional agent and the best one we have ever had!
Al and Sandra Saxton, London Ontario
Al & Sandra Saxton
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Ty assisted me in purchasing a property that I use for both my home and my business. His efforts have paid off in more than just the property, the advice he gave has served to assist not only my personal life but my business as well.
When I purchased my house there were 8 other bidders on the property, but due to Ty’s quick thinking and hard work, we were able to secure the property even though I had gone in with the lowest bid! Since that time my property has seen a 40% rise in property value!
Not only did Ty work for my interests and ensured that I got the very besyt in value, he also ensured that the future of the property was secure, and would result in a location that would provide a tremendous dividend if I decided to sell.
Ty is affable and works tirelessly for his clients, and as a result his clients are loyal, I would never use anyone else!”
Karl Fitzgerald-Sloman
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Hi Joyce
Great marketing piece…no wonder you are so successful! The mark of a professional Realtor is his/her willingness to share their good ideas with others because they have no fear of the competition!!
Kudos to you and your Team!
If you have any Niagara referrals I’ll look after them the way the Joyce Byrne team would!
Marlene O’Hara
Broker
RE/MAX Garden City Realty Inc. BrokerageMarlene O'Hara Re/Max Garden City Realty
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Joyce is a very personable and professional Realtor.
Her experience with London Real Estate was an extremely valuable asset that helped us find a great home.
Joyce was accommodating when it came to setting up appointments and she made buying our first home as quick, easy, and understandable as possible!
Tyler Lajevardi and Kora Lajoie
Tyler Lajevardi & Kora Lajoie
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Hello TyWe would like to thank you for your high quality, efficient and professional service.When we had to sell my father’s property, we thought it might be a bit challenging. Yet you were able to sell it within a few days, with six offers made on the house within one week of listing it on the market!Your level of integrity and professionalism is unsurpassed by anyone we have ever met – and is most appreciated. It is always refreshing to encounter people who know their business inside and out. In addition to recommending your skills and services to all of our family and friends, we will definitely use your services in the near future.Thanks again,Frank and Relka