A great opportunity to invest in a fully renovated 4plex on the outskirts of picturesque St. Thomas! With recently updated interiors and exteriors, its ready for new ownership with no additional work required. Each of the four spacious units is designed with a modern layout, and ample parking is available for tenants and their guests. The property is well-maintained and boasts a strong rental income of $109,200 per year, supported by responsible tenants who value their homes and keep the property in excellent condition. Positioned in a quiet area just outside St. Thomas, it combines the best of both worlds: a serene setting with easy access to local amenities and main transportation routes. This 4plex is ideal for both new investors looking to break into the market and experienced ones seeking to expand their portfolio. Dont miss this chance to secure a sound and profitable investment. (id:31697)
| MLS® Number | X9301589 |
| Property Type | Multi-family |
| Community Name | Orwell |
| Features | Sump Pump |
| Parking Space Total | 15 |
| Bathroom Total | 7 |
| Bedrooms Above Ground | 9 |
| Bedrooms Total | 9 |
| Appliances | Refrigerator, Stove |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Vinyl Siding |
| Foundation Type | Slab |
| Half Bath Total | 2 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Other |
| Utility Water | Municipal Water |
| Acreage | No |
| Sewer | Septic System |
| Size Depth | 203 Ft ,10 In |
| Size Frontage | 125 Ft ,5 In |
| Size Irregular | 125.42 X 203.86 Ft |
| Size Total Text | 125.42 X 203.86 Ft |
https://www.realtor.ca/real-estate/27370979/9524-springwater-road-malahide-orwell-orwell
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