9524 Springwater Road, St. Thomas

$1,475,000

14 Beds
7 Baths
5,896 Sqft
0 Acres
0 Garages

Welcome to a prime investment opportunity on the outskirts of charming St. Thomas! This recently renovated 4plex seamlessly blends modern comfort with financial promise. The property showcases an updated exterior and interiors, providing turnkey convenience for its new owner.

Featuring spacious units with thoughtful layouts and contemporary design, each residence ensures a balance of comfort and privacy for tenants. The property's ample parking space eliminates any parking concerns for both tenants and guests.

Benefit from the peace of mind that comes with having excellent tenants who not only take pride in their living spaces but also contribute positively to the community atmosphere. With a history of strong rental income, this 4plex offers a solid return on investment.

Situated on the outskirts of St. Thomas, the property provides a tranquil setting while remaining close to essential amenities. Well-maintained grounds enhance the overall appeal, creating a welcoming environment for residents.

The property's strategic location ensures easy access to major transportation routes, making the commute convenient for tenants. Whether you're a seasoned investor or just entering the real estate market, this 4plex in St. Thomas presents a rare opportunity for a lucrative investment.

Don't miss your chance to own this promising property. Call today to schedule a viewing and take the next step toward securing a sound financial future. Rental income is $109,200.

Essential Information
MLS® #40514420
Price$1,475,000
Bedrooms14
Bathrooms7.00
Square Footage5,896
Year Built1983
TypeResidential Income
Sub-TypeMulti-4 Unit
StatusActive
Community Information
Address9524 Springwater Road
AreaMalahide
SubdivisionOrwell
CitySt. Thomas
CountyElgin
ProvinceON
Postal CodeN5P 3S7
Amenities
Parking Spaces15
Interior
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementNone, Sump Pump
# of Stories2
Appliances

Dishwasher, Dryer, Refrigerator, Stove, Washer

Exterior
RoofMetal
ConstructionVinyl Siding
FoundationSlab
Lot Description

Rectangular, Ample Parking, Open Spaces, Quiet Area

Additional Information
Days on Market160
Listing Details
OfficeeXp Realty Brokerage
Property History
Price Reduced from $1,550,000 to $1,475,000
Price Reduced from $1,600,000 to $1,550,000
LISTING MAP

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