14 HOLLAND Street, St. Thomas, Ontario N5R 4S2
$3,800,000.00
- 33 bedrooms
- 18 bathrooms
- 13,050 Square Feet
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 ... read more
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:25417)
- Listing ID: 40836039
- Property Type: Multi-family
- Year Built: 1966
| Property | |
|---|---|
| Ownership: | Freehold |
| Lot Size: | 0.894 Ac (1/2 - 1.99 Acres) |
| Parking: | Open 18 Spaces |
| Building | |
|---|---|
| Appliances: | Microwave |
| HVAC: | Baseboard Heaters, Fireplace, Radiant Heat and Wall Unit Natural Gas |
| Exterior: | Vinyl Siding |
| Basement: | None |
| Utilities: | Municipal Sewage System |
| Location | |
|---|---|
| City: | St. Thomas |
| Province: | Ontario |
| Nearby Amenities: | Park, Schools and Shopping |
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