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47 Forest Avenue St. Thomas, ON

$629,000
|
6 Beds
|
  3 Full
|

PROPERTY INFO

Excellent investment opportunity with this well-maintained legal triplex featuring three spacious 2-bedroom units. Each unit offers very large bedrooms and a private, separate entrance. Beautifully upgraded throughout, the property has been consistently cared for and clearly shows pride of ownership. The building generates strong income with gross rents of $4,343 per month, including revenue from coin-operated laundry. Tenants pay their own hydro and water, helping keep operating expenses low. Additional highlights include six on-site parking spaces, a highly desirable amenity for tenants .Recent upgrades include new wiring throughout, new insulation in the roof, all walls, and basement, a new asphalt roof, and replacement of the main sewer line .An ideal opportunity for investors or owner-occupiers seeking a turnkey, income-producing property. (id:4555)

PROPERTY SPECS

Listing ID X12688398
Address 47 FOREST AVENUE
City St. Thomas, ON
Price $629,000
Bed / Bath 6 / 3 Full
Construction Vinyl siding
Land Size 52.8 x 120 FT
Type Triplex
Status For sale

EXTENDED FEATURES

Basement N/ABasement Development UnfinishedParking 6Cooling NoneFoundation ConcreteHeating Forced airHeating Fuel Natural gasUtility Water Municipal water Date Listed 2026-01-12 21:01:22Days on Market 11Parking 6
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226.881.0754

REQUEST MORE INFORMATION

LISTING OFFICE:
Blue Forest Realty Inc., Alex Farhat
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