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20 Holland Street, St. Thomas, Ontario N5R 4S2

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Multi-unit None Hot Water Radiator Heat

$1,650,000.00

Very well maintained 12 plex with good, long term tenants. All apartments have balconies or patios. Replacement windows. Many updates. Coin operated washer and dryer (owned). Landlord pays heat, water and common area maintenance. Tenants pay hydro. Future growth for income as rents reach market levels. Gross projected income for 2019 (including solar panel and laundry) is $135,581. Expenses about $40,000. Solar panel projected income for 2019 is $10,676 per year and is included with property. Buyers must qualify to assume the solar contract. To qualify, the building and solar panels must be in an individual's name, not a corporation. Call listing agent for details. Income from solar panel has HST in addition to. (id:16168)

Property Details

Listing ID 164922
Amenities Near By Recreation, Hospital, Public Transit
Equipment Type None
Features Laundry- Coin Operated
Parking Space Total 15
Rental Equipment Type None
Structure Patio(s)

Building

Appliances Washer, Stove, Dryer, Refrigerator
Architectural Style Multi-unit
Basement Development Unfinished
Basement Type None (unfinished)
Constructed Date 1964
Cooling Type None
Fire Protection Fire Alarm System, Smoke Detectors
Fireplace Present No
Foundation Type Poured Concrete
Heating Fuel Natural Gas, Solar
Heating Type Hot Water Radiator Heat
Stories Total 3
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Land Amenities Recreation, Hospital, Public Transit
Sewer Municipal Sewage System
Size Depth 158 Ft
Size Frontage 116 Ft
Size Irregular 0.42
Size Total 0.42 Ac|under 1/2 Acre
Size Total Text 0.42 Ac|under 1/2 Acre
Zoning Description R5-1

Utilities

Cable Available

https://www.realtor.ca/PropertyDetails.aspx?PropertyId=20119477