$1,295,000 Sale

Listed 53 days ago

275 TALBOT STREET

MLS® x13744814 Retail

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Beds · 0

Baths · 0.0

Parking · 0

Sqft · -

Est. mortgage

$4,913/mo

Key Facts

Key facts for 275 TALBOT STREET

Property Type

Commercial

Parking

Garage: No, 0 parking

MLS #

X13744814

Size

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

Excellent Investment Opportunity near the Prestigious Courthouse area of Downtown St. Thomas. Recently Updated Mixed use Commercial Building with 7 Residential Units ( 6 One Bedroom Units + 1 Bachelor )and One Commercial Unit. Gross Yearly Income of $116,280.00. Current NET Income shows an approxima...te 7.4% return on asking price. Each Unit has its own Hydro meter and all Tenants pay their own Heat & Hydro. Building has Secure Entry, Fire Alarm System and Panel, Security Cameras and Emergency Exits. Recent Updates Include Renovations and Upgrades to Units 1,2,3,4,5 and 7. Exterior Front/Side/Rear Wall Elevations Renovated along with Exterior Windows ( 3 Years ago ), Interior Hallways Renovated with all Vinyl Flooring and LED Sensor Lighting ( 2 Years ago ). Owned Hot Water Heaters ( 2 Years ago ). Easy Access to London and Highway 401 as well as Port Stanley's Beaches. Walking distance to Convenient Shopping including Grocery Stores, Service Centres, Boutiques and more. (id:10452)

Full Property Details

Interior

Washrooms

0.0

Heating Type

Baseboard heaters

Air Conditioning

None

Full Bathrooms

Half Bathrooms

Washrooms

0.0

Heating Type

Baseboard heaters

Air Conditioning

None

Full Bathrooms

Half Bathrooms

Exterior

Acreage

0.09 ac

Parking Spaces

Garage Spaces Y/N

Zoning Description

C1-3

Acreage

0.09 ac

Parking Spaces

Garage Spaces Y/N

Zoning Description

C1-3

Building Description

Home Type

Commercial

Subtype

Retail

Sewers

Sanitary sewer

Water Supply

Municipal water

Home Type

Commercial

Subtype

Retail

Sewers

Sanitary sewer

Water Supply

Municipal water

Community

St. Thomas

Area Code

St. Thomas

Community

St. Thomas

Area Code

St. Thomas

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Ivan Jaramillo Romero

Email: [email protected] Cell: 519-694-9217