56 LEGER AVENUE

Key facts

• Property type: Multi-family
• Structure: Duplex
• Transaction: For Sale
• Price: $609,900
• Bedrooms: 5
• Bathrooms: 2
• Lot size: 50.5 x 100 FT
• Parking: 5
• Listing key: 29693451

Listing overview

A prime opportunity to own a turnkey, cash-flowing duplex on the south edge of St. Thomas - fully renovated, professionally positioned, and generating immediate income from day one. Configured as a 3-bedroom upper unit and a 2-bedroom lower unit, both units have been completely updated in 2024, delivering a true "plug-and-play" investment. Interior improvements include brand new kitchens with quartz countertops, updated cabinetry, subway tile backsplashes, refreshed bathrooms, new flooring throughout, and in-suite laundry in both units - a level of finish that not only attracts quality tenants, but helps support long-term rent stability. From a numbers standpoint, the property is currently producing $3,790/month in gross rental income, with a clear path to $3,990/month based on achievable market rents. After accounting for approximately class="container" id="details-container",044/month in operating expenses, this results in...