20 HOLLAND STREET , St. Thomas Ontario

Sale $1,650,000.00  | 
Listing # 164922
null null null
Tyler Haraldsen

Tyler Haraldsen

Sales Representative

Phone: 519.672.9880
Fax: 519.672.5145
Mobile: 519.319.3413

tharaldsen@royallepage.ca

Royal LePage Triland Realty, Brokerage (Independently owned and operated)

Brokerage

103, 240 WATERLOO STREET
London,  ON N6B 2N4

Remarks:

Very well maintained 12 plex with good, long term tenants. All apartments have balconies or patios. Replacement windows. Many updates. Coin operated washer and dryer (owned). Landlord pays heat, water and common area maintenance. Tenants pay hydro. Future growth for income as rents reach market levels. Gross projected income for 2019 (including solar panel and laundry) is $135,581. Expenses about $40,000. Solar panel projected income for 2019 is $10,676 per year and is included with property. Buyers must qualify to assume the solar contract. To qualify, the building and solar panels must be in an individual's name, not a corporation. Call listing agent for details. Income from solar panel has HST in addition to. (id:27)

Investment

Lot Frontage: 116.0 Feet
Lot Depth: 158.0 Feet
No. of Parking Spaces: 15
Built in: 1964
Zoning: R5-1

Property Features:

Amenities Nearby: Recreation , Hospital , Public Transit
Equipment Type: None
Features: Laundry- Coin operated
OwnershipType: Freehold
Property Type: Multi-family
Rental Equipment Type: None
Sewer: Municipal sewage system
Structure Type: Patio(s)
Utility Type: Cable - Available

Building Features:

Appliances: Washer , Stove , Dryer , Refrigerator
Architectural Style: Multi-Unit
Basement Development: Unfinished
Basement Type: None
Building Type: Multi-Family
Cooling Type: None
Fire Protection: Fire alarm system , Smoke Detectors
Foundation Type: Poured Concrete
Heating Fuel: Natural gas , Solar
Heating Type: Hot water radiator heat