19 Balaclava Street, St. Thomas, Ontario N5P 3C1 (22834233)


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19 Balaclava Street St. Thomas, Ontario N5P 3C1

6 Bedroom 4 Bathroom
None No Heat

$629,900

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! (id:29438)

Property Details

MLS® Number 40068041
Property Type Multi-family
Amenities Near By Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Community Features Community Centre
Equipment Type Water Heater
Features Park Setting, Park/reserve
Parking Space Total 6
Rental Equipment Type Water Heater

Building

Bathroom Total 4
Bedrooms Total 6
Basement Development Unfinished
Basement Type Partial (unfinished)
Constructed Date 1870
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Brick
Fire Protection None
Fireplace Present No
Foundation Type Block
Heating Fuel Natural Gas
Heating Type No Heat
Stories Total 2
Type Fourplex
Utility Water Municipal Water

Land

Access Type Highway Access
Acreage No
Land Amenities Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 189 Ft
Size Frontage 51 Ft
Size Total Text Under 1/2 Acre
Zoning Description R3

https://www.realtor.ca/real-estate/22834233/19-balaclava-street-st-thomas

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