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337&339 TALBOT Street, St. Thomas, Ontario, N5P1B5

337&339 TALBOT Street, St. Thomas, Ontario, N5P1B5 (ID 40485308)
Representative
Crystal  Clarke portrait
Crystal Clarke
Sales Representative
Davenport Realty Brokerage
Cell: 519-505-7846
Tel: 226-777-5833

$2,000,000 - For sale

ID#:40485308

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:2471)

Location DescriptionNear - Talbot St and East St.

Property Details
  • Property Address:337&339 TALBOT Street, St. Thomas, Ontario, N5P1B5
  • Property Type:Multi-family
  • Title:Freehold
  • Lot Size:under 1/2 acre
  • Acreage:under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
Structure Details for 337&339 TALBOT Street, St. Thomas, Ontario, N5P1B5
  • Floor Space:9939
  • Heating Type:Electric, Natural gas, Baseboard heaters, Forced air
  • Storeys:3
  • Basement Type:Partial (Partially finished)
  • Rental Equipment:Water Heater
  • Exterior Type:Brick Veneer
Amenities for 337&339 TALBOT Street, St. Thomas, Ontario, N5P1B5 Laundry- Coin operated, High Traffic Area
  • Amenities Nearby:Public Transit
Representative
Crystal  Clarke portrait
Crystal Clarke
Sales Representative
Davenport Realty Brokerage
Cell: 519-505-7846
Tel: 226-777-5833
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337&339 TALBOT Street, St. Thomas, Ontario, N5P1B5

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