44 Jackson Street St. Thomas, Ontario N5P 2R9
$4,150,000
An exceptional opportunity to acquire a well-established, income-producing 24-unit apartment building at 44 Jackson Street in St. Thomas. This investment property offers a desirable unit mix consisting of 1 bachelor, 17 one-bedroom and 6 two-bedroom apartments, appealing to a broad rental market. With a history of consistent occupancy, established rental income and a 5% capitalization rate, this property presents an attractive opportunity for investors seeking stability and long-term growth potential. The building benefits from an on-site superintendent providing day-to-day oversight, along with renovated units that enhance tenant appeal. Ideally situated in an established residential neighbourhood, the property backs onto an athletic field, offering an appealing open setting and recreational surroundings. Ample on-site parking adds further convenience for residents. The location offers convenient access to public transit just a short distance away, along with nearby shopping, schools, recreational facilities and everyday amenities. Situated in the growing community of St. Thomas, this property combines a desirable residential setting with excellent accessibility and investment appeal. An outstanding opportunity to acquire an established multi-residential asset offering immediate income, operational stability and potential for long-term appreciation. An excellent addition to any investment portfolio! (id:66690)
Property Details
| MLS® Number | 40873212 |
| Property Type | Multi-family |
| Amenities Near By | Park, Place Of Worship, Public Transit, Schools, Shopping |
| Features | Paved Driveway, Laundry- Coin Operated |
| Parking Space Total | 24 |
Building
| Bathroom Total | 24 |
| Bedrooms Total | 30 |
| Basement Type | None |
| Constructed Date | 1967 |
| Exterior Finish | Brick, Vinyl Siding |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Stories Total | 3 |
| Size Interior | 10,000 Sqft |
| Utility Water | Municipal Water |
Parking
| None | |
| Open |
Land
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Park, Place Of Worship, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Frontage | 265 Ft |
| Size Total Text | 1/2 - 1.99 Acres |
| Zoning Description | R3 |
https://www.realtor.ca/real-estate/30458633/44-jackson-street-st-thomas
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October 29 2026 08:30:55
REALTORS® Association of Hamilton-Burlington
Peak Realty Ltd.