44 Jackson Street, St. Thomas, Ontario

About 44 Jackson Street

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. With 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:6289)

More Info on this St. Thomas MLS® listing

44 Jackson Street is a listing for sale in St. Thomas. The MLS® number is 40873212. It was built in 1967, features 30 bedrooms, 24 bathrooms and covers 10,000 square feet. It's currently listed for $4,150,000. For more details on MLS® 40873212, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in St. Thomas is available now!

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Listing Map