703 Talbot ST new

St. Thomas,ON N5P 1E1

$ 629900

- Bed

- Bath

3520 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 3,520 sqft

Price per Sqft $178

Subdivision St. Thomas

MLS Listing ID X11967098

Annual Tax Amount $3,527

Tax Year 2024

Property Sub-Type Investment

Property Description

LOOKING TO ADD A PRIME PROPERTY TO YOUR PORTFOLIO? THIS HISTORIC MIXED-USE BUILDING IS THE PERFECT OPPORTUNITY! With numerous updates over the years, including a furnace, AC, and roof (2016), this well-maintained property offers both stability and potential. The main floor features a commercial space with a reliable tenant on a 5-year lease, while the second and third floors each house spacious 3-bedroom units on a month-to-month basis. Generating a strong gross income of $61,800, this is an investment you don't want to miss! Showings require a minimum of 24 hour notice schedule yours today!

Location

Province ON

County Elgin

Community St. Thomas

Area Elgin

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 28.83

Lot Depth 130.46

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