St. Thomas, SE, N5R 4H2
$519,900
Listed by RE/MAX CENTRE CITY REALTY INC..
Unique Investment Property located close to all amenities in a desirable location of St Thomas. This property is a corner property and includes two houses - 18 Fourth Ave fronting on Fourth Ave., as well as 97 Erie Street fronting on Erie Street. So many options - full investment property, live in one unit and rent the other, or maybe use the second unit as a Granny/In-law suiteyou choose! Tenants pay heat and hydro and rents are as follows: Unit 1 (18 Fourth Ave) has 2 bedrooms, 1 bath, and another partially finished room in the attic - tenant is month to month and pays $1329/month. Unit 2 (97 Erie St)has 2 bedrooms, 1 bath, plus another room that could be used as a 3rd bedroom or office - tenant is month to month and pays $1470/month. 18 Fourth Ave has a partial basement and crawl space. 97 Erie has crawl space. Property is being sold in "As-Is" condition, as the seller/s has not lived in the property. The fireplace in Unit 2 is not working.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
This property has been sold 2 times before. To view this property's sale price history please sign in or register: