75 ELM Street, St. Thomas, Ontario N5R1H7

  • $9,690,000
75 ELM Street, St. Thomas, Ontario N5R1H7
For Sale
75 ELM Street, St. Thomas, Ontario N5R1H7
  • $9,690,000

Overview

Property ID: 1044550
  • Multi-family
  • Property Type
  • 61
  • Bedrooms
  • 33
  • Bathrooms
  • 33
  • Garages
  • 1963
  • Year Built

Description

Welcome to 75 Elm Street, St. Thomas. This 33 suite, 3 building residential apartment complex has been renovated from top to bottom. (3 level 14 units, motel style 11 units & 2 Storey townhouse 8 units). It has 33 Outdoor designated parking spots. It consists of 4-1 bedroom apartments, 29-2 bedroom apartments. Some of the recent renos include new glass balconies, all new flooring in hallways and units. All new kitchens, bathrooms and all new appliances and much more. Separate hydro meters for all units paid by the tenant. Market rents. Controlled entry in main building, all buildings up to current fire code, ideally located on Bus Route, close to hospital, shopping, schools as well as employment. VW Battery plant coming to the area soon, employing approximately 5000 people. Tremendous opportunity for the investor looking for the perfect turn-key building! (id:56724)

Details

Updated on May 15, 2024 at 5:03 pm
  • Property ID: 1044550
  • Price: $9,690,000
  • Land Area: 1.18 acres
  • Bedrooms: 61
  • Bathrooms: 33
  • Garages: 33
  • Year Built: 1963
  • Property Type: Multi-family
  • Property Status: For Sale
  • MLS#: 40535627
  • MLS Status: Active

Additional details

  • Sewer: Municipal sewage system
  • Heating: Other
  • Stories: 3
  • Basement: None
  • Appliances: Microwave Built-in
  • Directions: Off Parkside
  • Lot Features: Conservation/green belt,Paved driveway
  • Water Source: Municipal water
  • Parking Total: 33
  • Common Interest: Freehold
  • Parking Features: Visitor Parking
  • Tax Annual Amount: 51909.22
  • Community Features: Quiet Area,School Bus
  • Foundation Details: Block
  • Lot Size Dimensions: 1.18
  • Zoning Description: R5
  • Number Of Units Total: 33
  • Address 75 ELM Street
  • City St. Thomas
  • Province Ontario
  • Postal Code N5R1H7
  • Area SW
  • Country Canada

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