Wellington St. and Fifth Ave. Attention all investors, first time home buyers and mortgage helpers!! 3 Smith Avenue is an excellent investment property located in the desirable neighbourhood of Lyndale, SOUTH of Wellington street in St Thomas. This well maintained property has two units with two bedrooms and 4pc baths in each. Tenants can also utilize their own privately assigned decks, located in the front, and side of the home. Separate meters will keep the utilities easy to assign.The lower unit has an eat in kitchen, dining room, and interior access to the basement laundry, boasting 2 washers and 1 dryer. It is currently rented for $877 + hydro and is eligible for a 2025 rent increase. The upper tenant can enjoy large, newer vinyl windows spreading tons of light throughout the kitchen, living room and bedrooms. It is currently vacant, awaiting you to assign your own rental pricing. Updates include a new roof in 2022.Extra storage available to tenants via the basement and two large garden sheds.Buy now to start your investment portfolio, or easily convert the home back to a single family dwelling. Competitively priced. Book a viewing now. 3 Smith Ave. won't last long. (id:27476)
