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43 Southwick ST St. Thomas, ON N5R 3R9
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Key Details
Sold Price $540,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision St. Thomas
MLS Listing ID X12222925
Style 2-Storey
Building Age 100+
Annual Tax Amount $2,496
Tax Year 2024
Property Sub-Type Duplex
Property Description
Attention investors or owners looking for the perfect live-in opportunity with income potential! This move-in ready, solid duplex is located in a prime St. Thomas location and is full of character, showcasing beautiful hardwood floors, rich wood trim, and separate hydro meters for each unit. The front unit is spacious and inviting, featuring a large living room, an eat-in area, and a country-sized kitchen and a winding staircase. Upstairs, you'll find two generous bedrooms and a private deck off the second floor, along with a three-piece bath and a washer-dryer unit conveniently included. Central air ensures year-round comfort. The rear unit offers even more appeal, boasting a large dining room, a functional kitchen with a walk-in pantry and laundry, and a master bedroom complete with vaulted ceilings, heated floors, a two-piece ensuite, and an additional four-piece bathroom. Step outside from the master to a private patio that leads to a beautifully landscaped, fenced yard, complete with a second patio and a shed for extra storage. The exterior of the home is just as impressive, with a large covered front porch, a concrete driveway that can fit approximately six cars, and a stamped concrete walkway. The front unit is currently vacant, giving you the flexibility to handpick your own tenant or rent out both units immediately. Estimated rental income is approximately $1900 $2000 per month for the front unit and $1600 $1800 for the rear unit. Alternatively, this home could easily be converted back into a spacious single-family residence if desired. With so much charm, flexibility, and income potential, this property is an incredible opportunity you won't want to miss.
Location
Province ON
County Elgin
Community St. Thomas
Area Elgin
Zoning R4
Rooms
Bedrooms 3
Bathrooms 3.0
Family Room Yes
Kitchen 2
Interior
Cooling Central Air
Exterior
Exterior Feature Landscaped, Patio, Privacy, Porch
Parking Features Private, Private Double
Pool None
Roof Type Shingles
Building
Foundation Block, Concrete
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