MONEY MAKING OPPORTUNITY! Attention Investors! Have you been looking for a large 4 Plex with full occupancy and Net Income? Welcome to 19 Balaclava Street in St. Thomas, Ontario. This beautiful, brick building is located only steps to downtown, shops, restaurants, the public library, Lion's Park and only a 5 minute drive to the Elgin General Hospital and the Fanshawe College Campus (St. Thomas). This 4 Plex is situated on a large lot, includes ample parking, green space and has been updated over the years. Major updates include: new roof, facia and eaves (2015), all new windows (2014 - 2019), apartments 2, 3, and 4 renovated (2015 - 2020) and the list goes on! Inside there are 2, 2 bedroom units, rented at $766.50 and $971.00 per month. The 2, 1 bedroom units are rented at $790.00 and $868.70 per month. With 20% down, you can NET approximately $500.000 per month AND have the tenants pay your mortgage! This property is turnkey, located in a growing city and would be a wonderful addition to any investor's portfolio. For more information on this property, please view our virtual tour, floor plans of each unit and call to book your private showing today!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
