337&339 Talbot Street St. Thomas, Ontario N5P 1B5
$2,000,000
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 hold 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:41409)
Property Details
| MLS® Number | 40485308 |
| Property Type | Multi-family |
| Amenities Near By | Public Transit |
| Community Features | High Traffic Area |
| Equipment Type | Water Heater |
| Features | Laundry- Coin Operated |
| Rental Equipment Type | Water Heater |
Building
| Basement Development | Partially Finished |
| Basement Type | Partial (partially Finished) |
| Exterior Finish | Brick Veneer |
| Heating Fuel | Electric, Natural Gas |
| Heating Type | Baseboard Heaters, Forced Air |
| Stories Total | 3 |
| Size Interior | 9939 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Municipal Sewage System |
| Size Frontage | 36 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | C-2 |
https://www.realtor.ca/real-estate/26075556/337339-talbot-street-st-thomas
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September 19 2023 07:38:38
Kitchener-Waterloo Association of REALTORS®
RE/MAX Twin City Realty Inc. Brokerage-2