60 BLACKFRIARS ST, LONDON ONTARIO
Brokered by: GLENDA JAMES REAL ESTATE BROKERAGE INC.
60 BLACKFRIARS ST, LONDONONTARIO CANADA | MLS# 592684
Type: 4-Plex Style: 4-Plex Age: OL Lot Size: 44X132 Side of Road: North Water Front: Pool: No Handicap Acc: Tenant Pays: Sewer: Sewer Rentals: Yes Water: Municipal Zoning: R2-2(M) Rental Units: 4 Foundation: Brick Heating: Water Radiators Flooring: Wood and Tile, Ceramic Features: Patio(S), Pblic Trans Nrby, Shared Laundry, Sep Entrance Roof: Asphalt Shingle Flooring: Wood and Tile, Ceramic
Description: Historical landmark converted into a City Licensed 4-plex! located in the sought after Blackfriars area close to downtown, University of Western Ontario, shopping and eateries! Main floor front unit is a large 1 bedroom unit ($825.00). Main floor back unit was recently renovated with approximate rent of $850. Upstairs includes a bachelor apartment ($625) and a large 2 bedroom with loft ($1,200). Water Boiler system for heat and the coin operated laundry in main floor common area brings in approximately $1,200/year. All units are all inclusive of utilities and always rented. Great cap rate and cash flow for such a low maintenance building! Upgrades include new laminate and carpet flooring, kitchen appliances, asphalt roof, fixtures, kitchen cupboards, fresh paint etc.Full appraisal avaialble dated August 2016. Showings by appointment only, 24 hours notice needed