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Last Updated : 140 Days ago
38 Hincks St, St. Thomas, Ontario, SW
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38 Hincks St, St. Thomas MLS Number: X8287166

SW, St. Thomas, Elgin, ON, N5R 3N6

$574,000

Status: For Sale

  • Property Type: Commercial (Investment)
  • Property Taxes : $2710.18 (Tax Year:2022)
  • Listing Courtesy : Prime Real Estate Brokerage

38 Hincks St Property Description

Calling all investors!! This all-brick turnkey TRIPLEX is cash flowing at current interest rates. All three units feature 1 bedroom and 1 bathroom and come fully tenanted with A+ tenants. Investors will love the separately metered hydro, water and gas for all units(gas meters for Units 1 & 2, Unit 3 has electric heat and no gas). Units 2 and 3 have had plenty of updates/upgrades in the past 5 years such as floors, kitchens, appliances and lighting fixtures. Unit 1 received a new kitchen, including new fridge, dishwasher and microwave range hood, laminate flooring in kitchen and bathroom, as well as tub surround and bathroom sink just 3 years ago. Unit one also has direct access to a fenced in backyard. Each unit has their own hot water tank and a separate furnace for Units 1 & 2. A shared laundry facility is located in the shared basement area that stays perfectly dry due to moisture barriers installed. Current rents are $820, $1150 and $1375 respectively and tenants cover all utilities other than the common area/basement (landlord pays roughly $30/mo). There is an outdoor fire escape ladder for Units 2 & 3. The time to purchase this amazing TURNKEY investment property is NOW, as St Thomas is poised for growth for years to come with the massive VW Battery Plant currently under construction, and the new AMAZON Distribution Plant just minutes away in Talbotville.

38 Hincks St Property Facts

Property Type :Commercial
MLS Number :X8287166
Listing Type :Sale
Possession Date :
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Last Updated :01 May, 2024 (140 Days ago)
Source :TRREB
Area :Elgin
Postal Code : N5R 3N6
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38 Hincks St Property Price & Tax Insights

Price : $574,000
Property Taxes :$2710.18
Tax Year :2022

Property Details for 38 Hincks St, Elgin, Ontario

Cross Street :From Talbot St, Turn South On Hincks. Parking On The Street.

38 Hincks St, Elgin - Price History

2024-05

01 May, 2024

TREB #X8287166

Available

$574000.0

  • 0
  • 400k
  • 800k
  • 1.2M
  • 1.6M
  • 2M+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+

38 Hincks St - Location Map and Landmarks

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FAQs: 38 Hincks St, Elgin

  • Q:What is the Area Size of the 38 Hincks St In Sq.Ft and it's MLS No.?

    A: The project covers an area of approximately sq. ft and is strategically located in Elgin. The MLS No of this project is X8287166 and the Project is located in Ontario, Canada
  • Q: Does this Project 38 Hincks St available for Sale ?

    A: The project 38 Hincks St is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 38 Hincks St is Offering?

    A:Square Yards is giving a Cashback of $2,870 if you buy this property from us, however there are several key features offered by the 38 Hincks St. You get Beds with N/A Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Parking Space available in this 38 Hincks St?

    A: 38 Hincks St in Elgin offers a total of 0 parking spaces for residents.
  • Q:How many Beds & Baths available in 38 Hincks St, Elgin?

    A: 38 Hincks St, Elgin comes with Beds for maximum convenience and space. There are N/A baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Elgin, On?

    A:Elgin, Ontario is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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