$4,150,000 Sale

Listed 1 day

44 JACKSON Street

MLS® 40873212 Multi Family

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Beds · 30

Baths · 24.0

Parking · 24

Sqft · 10000

Est. mortgage

$15,744/mo

Key Facts

Key facts for 44 JACKSON Street

Property Type

Apartment

Parking

Garage: No, 24 parking

MLS #

40873212

Size

10000 sqft

Basement

None

Listed on

Lot size

Tax

Days on Market

Year Built

1967

Maintenance Fee

Description

An exceptional opportunity to acquire a well-established, income-producing 24-unit apartment building at 44 Jackson Street in St. Thomas. This investment property offers a desirable unit mix consisting of 1 bachelor, 17 one-bedroom and 6 two-bedroom apartments, appealing to a broad rental market. Wi...th a history of consistent occupancy, established rental income and a 5% capitalization rate, this property presents an attractive opportunity for investors seeking stability and long-term growth potential. The building benefits from an on-site superintendent providing day-to-day oversight, along with renovated units that enhance tenant appeal. Ideally situated in an established residential neighbourhood, the property backs onto an athletic field, offering an appealing open setting and recreational surroundings. Ample on-site parking adds further convenience for residents. The location offers convenient access to public transit just a short distance away, along with nearby shopping, schools, recreational facilities and everyday amenities. Situated in the growing community of St. Thomas, this property combines a desirable residential setting with excellent accessibility and investment appeal. An outstanding opportunity to acquire an established multi-residential asset offering immediate income, operational stability and potential for long-term appreciation. An excellent addition to any investment portfolio! (id:10452)

Full Property Details

Interior

Bedrooms

Washrooms

24.0

Square Footage

10000 sqft

Basement

None

Heating Source

Natural gas

Heating Type

Other

Full Bathrooms

Half Bathrooms

Bedrooms

Washrooms

24.0

Square Footage

10000 sqft

Basement

None

Heating Source

Natural gas

Heating Type

Other

Full Bathrooms

Half Bathrooms

Exterior

Acreage

1/2 - 1.99 acres

Parking Spaces

Garage Spaces Y/N

Zoning Description

Land Amenities

Park, Place of Worship, Public Transit, Schools, Shopping

Acreage

1/2 - 1.99 acres

Parking Spaces

Garage Spaces Y/N

Zoning Description

Land Amenities

Park, Place of Worship, Public Transit, Schools, Shopping

Building Description

Home Type

Apartment

Subtype

Multi Family

Year Built

1967

Exterior

Brick, Vinyl siding

Sewers

Municipal sewage system

Water Supply

Municipal water

Home Type

Apartment

Subtype

Multi Family

Year Built

1967

Exterior

Brick, Vinyl siding

Sewers

Municipal sewage system

Water Supply

Municipal water

Community

Saint Thomas

Area Code

St. Thomas

Community

Saint Thomas

Area Code

St. Thomas

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Roger Townsend

Email: [email protected] Cell: 647-360-6433