45 Locust St

St. Thomas, ON N5R 2C2
  • $279,900

    Price
  • 5

    Bed
  • 2

    Bath
  • 0

    SqFt

About the Listing 795301 -

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.

Listing Highlights for 45 Locust St

Status Active
Days on Site 98
Property Type Residential
MLS ® X12192203
Year Built
Total Square Footage 0
Lot/Acreage N/A
County Elgin
Neighborhood St. Thomas

Interior Details

  • Bedrooms: 5
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Crawl Space
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Roof: Asphalt Shingle
  • Others: Porch Enclosed
  • Sewer: Sewer
  • Parking Features: Mutual

Financial Details

  • Tax Amount: $2,596
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 352190085
  • Tax Year: 2024

Payment Calculator

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Listing Location

Questions About..

45 Locust St St. Thomas, ON N5R 2C2

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