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Great Multi-Family opportunity in a solid yellow brick 2 Storey home with 4 units! Amazing offer - total rental income $57,600 !!! 2 three-bedroom apartments ($1500 and $1300) one two-bedroom apartment ($1300) and one one-bedroom apartment ($610) also a storage room for rent $90. Each tenant pays their own electricity. Building is walking distance from down town St. Thomas and all major stores and shopping areas. Parking for 4 cars. Apartment 1 has a separate outdoor barbecue area. All residents are month to month, however, all have occupied for more than one year and are very consistent with payments (with account statements available). 2 years ago, all apartments were completely renovated with the replacement of plumbing. In one part of the basement, water pipes (heating) were completely replaced. All electrical wiring redone. Water heater is owned. (id:24093)
Listed by DARLENE DELPHINE HULST of ROYAL LEPAGE RESULTS REALTY,BROKERAGE

Property Details of 42 Redan Street

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"Based on information submitted to CREA as of December 10, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

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