45 LOCUST STREET St. Thomas

45 LOCUST STREET, St. Thomas, Ontario

$279,900

  • 5 Beds
  • 2 Baths

Welcome to this two-storey home in the heart of St. Thomas an excellent investment opportunity for those looking to expand their real estate portfolio or secure a promising fixer-upper at an attractive price and 6.5% cap rate. Currently tenanted, the property offers immediate rental income, making it a smart choice for investors. Zoned R3, there is also potential for future development or expansion, adding long-term value to this versatile asset. The home features 5 bedrooms and 2 bathrooms, offering ample space and functionality. Located in a desirable area with established rental income and room for future growth, this property is a strong addition to any investment strategy. Whether you're looking for immediate returns or long-term upside, this St. Thomas opportunity is worth your consideration. (id:56241)

  • Listing ID: X12192203
  • Property Type: Single Family

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Details

  • Equipment: Water Heater
  • Features: Flat site
  • Ownership: Freehold
  • Parking Spaces: 2
  • Rental Equipment: Water Heater
  • Structure: Porch
  • Transaction: For sale
  • Zoning Description: R3

Building

  • BasementType: Crawl space
  • Bedrooms Main Level: 5
  • Construction Style Attachment: Detached
  • Exterior Finish: Vinyl siding
  • Fireplace Present: True
  • Fireplace Total: 1
  • Foundation: Concrete, Block
  • Bathrooms (Total): 2
  • Heating: Radiant heat
  • Heating Fuel: Natural gas
  • Size Interior: 0 - 699 sqft
  • Stories Total: 2
  • Type: House
  • Utility Water: Municipal water

Land

  • Sewer: Sanitary sewer
  • Size Frontage: 34 ft ,8 in
  • Size Irregular: 34.7 x 120 FT ; 34.39ft x 123.19ft x 34.39ft x 123.06ft
MLS®

Listing provided by RE/MAX CENTRE CITY REALTY INC.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

REALTOR®

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 45 LOCUST STREET in St. Thomas Ontario. It was last modified on June 19th, 2025. Contact us to schedule a viewing or to discover other St. Thomas homes for sale.

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