Cross Streets: Fifth Ave. ** Directions: From Talbot St west, turn left on First Ave, Right on Forest Ave, property is on right side. Priced to Sell!! Perfect opportunity to generate income, or ideal for first time buyers; live in one unit and generate income to pay down your mortgage!! This up and down duplex features a newly renovated upper 2 bedroom unit, that is vacant, allowing you to set your own rent. The lower unit consists of a 1 bedroom unit that is occupied by a long term tenant, on a month to month tenancy. Lower unit is well below market rent, so great potential for increasing rent, and generating great cash flow in this property. Separate water, hydro and gas meters and hot water heaters are owned; minimal expenses, just property taxes and insurance. Great area of St Thomas with recent upgrades to street (September to October 2025) new water mains, sewers, curbs and roads. New driveway (paved) October 2025. (id:27476)
