23 Barnes St, St. Thomas, N5R 2V4

Listing Overview

Description

Fantastic investment opportunity with great cash flow. UNIT 1: Main floor front unit: 1 Bedroom, freshly renovated this year. Offers bright big windows and a covered front porch. Rented for $825/month, lease expires end of May 2020 (less $50 for tenant taking care of lawn and snow removal). UNIT 2: Main floor back unit: 1 Bedroom, good size unit with a private attached balcony and covered porch. ($626/month - long term tenant, month to month) UNIT 3: Upper unit is the largest with new flooring, large windows, large living room, bedroom and kitchen. ($626/month - long term tenant, month to month) Laundry income is between $700-$1000/year. Coin operated machines in basement and shared by all tenants. Furnace and water heaters are owned. Furnace 4 years old. Shingles replaced July 2019 Parking for 3 cars.

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On Market

Investment

Property Type

$2,100 / Year

Est. Taxes

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Style

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Business Type

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Franchise