38 Hincks Street, St Thomas Sw
- Bedrooms: 3
- Bathrooms: 3
- Living area: 1850 square feet
- Type: Triplex
- Added: 83 days ago
- Updated: 15 days ago
- Last Checked: 7 days ago
Calling all investors!! This all-brick turnkey TRIPLEX is cash flowing at current interest rates. All three units feature 1 bedroom and 1 bathroom and come fully tenanted with A+ tenants. Investors will love the separately metered hydro, water and gas for all units(gas meters for Units 1 & 2, Unit 3 has electric heat and no gas). Units 2 and 3 have had plenty of updates/upgrades in the past 5 years such as floors, kitchens, appliances and lighting fixtures. Unit 1 received a new kitchen, including new fridge, dishwasher and microwave range hood, laminate flooring in kitchen and bathroom, as well as tub surround and bathroom sink just 3 years ago. Unit one also has direct access to a fenced in backyard. Each unit has their own hot water tank and a separate furnace for Units 1 & 2. A shared laundry facility is located in the shared basement area that stays perfectly dry due to moisture barriers installed. Current rents are $820, $1150 and $1375 respectively and tenants cover all utilities other than the common area/basement (landlord pays roughly $30/mo). There is an outdoor fire escape ladder for Units 2 & 3. The time to purchase this amazing TURNKEY investment property is NOW, as St Thomas is poised for growth for years to come with the massive VW Battery Plant currently under construction, and the new AMAZON Distribution Plant just minutes away in Talbotville. (id:1945)
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Property Details
- Cooling: Wall unit
- Heating: Forced air, Natural gas
- Stories: 3
- Structure Type: Triplex
- Exterior Features: Brick
- Foundation Details: Block
Interior Features
- Basement: Unfinished, Full
- Appliances: Washer, Refrigerator, Dishwasher, Dryer, Microwave, Two stoves
- Bedrooms Total: 3
Exterior & Lot Features
- Water Source: Municipal water
- Parking Features: Street
- Building Features: Separate Electricity Meters
- Lot Size Dimensions: 20.25 x 106.34 FT
Location & Community
- Directions: From Talbot St, turn South on Hincks. Parking on the street.
- Community Features: Community Centre
Utilities & Systems
- Sewer: Sanitary sewer
Tax & Legal Information
- Tax Annual Amount: 2710.18
- Zoning Description: R4
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