St. Thomas, 337&339 TALBOT Street - For Sale, $2,000,000

$2,000,000 Sale

Listed 72 days ago

337&339 TALBOT Street

MLS® 40485308 Multi-family

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Beds · 0

Baths · 0.0

Parking · 0

Sqft · 9939

Est. mortgage

$7,587/mo

Key Facts

Key facts for 337&339 TALBOT Street

Property Type

Apartment

Parking

0 garage, 0 parking

MLS #

40485308

Size

9939 sqft

Basement

Partially finished, Partial (Partially finished)

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

Unbeatable Investment Opportunity! Welcome to 337 and 339 Talbot Street, St. Thomas – a prime commercial building featuring 14 units (3 commercial and 11 residential) with a remarkable 8.9% Capitalization Rate (Cap Rate). The icing on the cake? A Vendor Take-Back (VTB) option where the seller will h...old 10% back at a fixed interest rate of just 3% interest only payments for one year. This means you can maximize your returns while securing flexible financing terms. With 337 Talbot offering 6 residential and 2 commercial units, and 339 Talbot providing 5 residential and 1 commercial unit. Central location, 12 minutes from VW Gigafactory. Clean environmental. This is an opportunity you can't afford to miss. Act fast to explore the full potential of 337 and 339 Talbot Street – your gateway to impressive rental income right in the heart of St. Thomas! (id:10452)

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Full Property Details

Interior

Bedrooms

Washrooms

0.0

Square Footage

9939 sqft

Basement

Partially finished

Heating Source

Electric, Natural gas

Heating Type

Baseboard heaters, Forced air

Full Bathrooms

Half Bathrooms

Bedrooms

Washrooms

0.0

Square Footage

9939 sqft

Basement

Partially finished

Heating Source

Electric, Natural gas

Heating Type

Baseboard heaters, Forced air

Full Bathrooms

Half Bathrooms

Exterior

Acreage

under 1/2 acre

Total Parking Spaces

Garage Spaces

Acreage

under 1/2 acre

Total Parking Spaces

Garage Spaces

Building Description

Home Type

Apartment

Subtype

Multi-family

Exterior

Brick Veneer

Sewers

Municipal sewage system

Water Supply

Municipal water

Home Type

Apartment

Subtype

Multi-family

Exterior

Brick Veneer

Sewers

Municipal sewage system

Water Supply

Municipal water

Community

Area Code

St. Thomas

Features

High Traffic Area

Area Code

St. Thomas

Features

High Traffic Area

Taxes & Fees

Tax Year

Melissa Mason

Email: [email protected] Cell: 519-878-9249