52 Hiawatha St

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Address: 52 Hiawatha St, St Thomas, Ontario, CA
Created date: February 12, 2024
Date last updated: May 8, 2024

Property Description

The investment group is proud to offer for sale 52 Hiawatha Street, St. a 12-unit purpose-built multifamily opportunity. This building offers 11 two-bedroom units and 1 one-bedroom unit, the property is perfectly situated in a central location, offering proximity to downtown and essential amenities, all within the main employment node. The inclusion of separate hydro meters enhances operational efficiency, while recent capital upgrades within the last two years ensure a well-maintained asset with strong economic life. The property's unique selling point lies in its substantial 40% rental upside, providing an attractive proposition for investors seeking strong returns.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $2,400,000
No. of Units: 12
Lot Size: 0.34 Sq ft
Opportunity Zone: No
Price per unit: $200,000
Property Website Click Here
Address: 52 Hiawatha St, St Thomas, ON N5P 2T4, Canada
Provided by:

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