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. (id:47421)
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Detailed Information
Bedrooms
4
Bathrooms
2
Lot
39 x 85 ft
Amenities Nearby
Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Community Features
School Bus
Listing Contract Date
2024-04-08
Location Description
WELLINGTON STREET - TURN SOUTH ON FOURTH AVE - PROPERTY ON CORNER OF FOURTH AVE AND ERIE STREET
Ownership Type
Freehold
# of Parking Spaces
4
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
R3
Building
Basement Development
Unfinished
Basement Type
Partial (Unfinished)
Constructed Date
1900
Cooling Type
None
Exterior Finish
Vinyl siding
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
1
Type
Duplex
Utility Water
Municipal water
Land
Total Size
under 1/2 acre
Amenities
Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Sewer
Municipal sewage system
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