189-191 Ross Street, St. Thomas, Ontario N5R 3Y2 (22825201)


189-191 Ross Street St. Thomas, Ontario N5R 3Y2

6 Bedroom 2 Bathroom 3000
None Forced Air


Incredible Investment Opportunity or Owner Occupied property. This PURPOSE BUILD SIDE-BY-SIDE DUPLEX with each side containing 3 bedroom units, good sized livingrooms, in suite laundry, nearby schools and transit in a sought after renting area. Both tenants pay all utilities with rents being $1,285 & $1,220 for a total of $2,505/month, $30,060/a. When factoring in low cost mortgages and conservative annual real estate price gains, you'll instantly benefit from great ROI >20% and postive monthly cashflow. Potential additional upside in this property would be cosmetic improvements to earn even more rent. BONUS: New shingles 2018, 2 Furnaces, 2 Hydro meters, Newer Windows and doors, electrical updates completed as well. Located nearby schools, transit, shopping and other amentities, adding this property to your portfolio provides you an easily rentable property with solid a future. Buyer to verify all measures. (id:29438)

Property Details

MLS® Number 40067432
Property Type Multi-family
Amenities Near By Hospital, Place Of Worship, Playground, Public Transit, Schools, Shopping
Equipment Type Water Heater
Features Double Width Or More Driveway
Rental Equipment Type Water Heater


Bathroom Total 2
Bedrooms Total 6
Basement Development Unfinished
Basement Type Full (unfinished)
Constructed Date 1890
Construction Style Attachment Attached
Cooling Type None
Exterior Finish Brick
Fire Protection None
Fireplace Present No
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 3000
Type Duplex
Utility Water Municipal Water


Acreage No
Land Amenities Hospital, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Sanitary Sewer
Size Depth 44 Ft
Size Frontage 60 Ft
Size Total Text Under 1/2 Acre
Zoning Description Res


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