
48.5 Mitchell Street
St. Thomas - St. Thomas
48.5 Mitchell Street
St. Thomas - St. Thomas
Sold For$725,000
Listed For $779,900
Sold 11 months ago

St. Thomas - St. Thomas
St. Thomas - St. Thomas
Sold For$725,000
Listed For $779,900
Sold 11 months ago
Attention Investors! Turnkey 4-Plex with POSITIVE CASH FLOW! This fully rented income-generating 4-plex in fast-growing St. Thomas is an exceptional opportunity for investors seeking strong returns. ANNUAL RENT INCOME FLOW: $71,520 and a Net Operating Income of $61,385, this property is already producing positive cash flow and requires minimal maintenance.The building features three recently updated 2-bedroom units and one 1-bedroom unit, each offering modern finishes and upgrades. The main-floor 2-bedroom unit has been refreshed with an updated kitchen, featuring new cabinet doors, countertops, sink, and faucet, along with an updated laundry area. New vinyl flooring extends through the eat-in kitchen and hallway, while the living room and bedrooms boast hardwood floors. The bathroom has a
* Values are estimates only and not a guarantee of lending or affordability.
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