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London, ON N5W 2E7, Canada

London, ON N5W 2E7, Canada
$ 1,199,900.00

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Quick Info

MLS #: 40189793 Post Updated: 2021-12-04 15:58:48 Bedrooms: 11 Bathrooms: 6
LotSizeDimensions: 104.17 x 76.19 BuildingAreaTotal: 4030 Status: Type:

Description

WOW! Turn-key investment opportunity with this fully rented 3-storey brick building. Six units featuring 5 two-bedroom units and 1 one-bedroom unit. 6 Hydro Meters. Gas Boiler Heating. Parking for 6 cars. Coin-op laundry. Many updates throughout including 4 of 6 units renovated with new kitchens, bathrooms, fixtures and flooring. Majority of windows replaced in 2019. Coin-op laundry. Gross Income approximately $71,401, Expenses $18,387.50 and Net Income approximately $53,014. These purpose-built investment opportunities are rare!

Rooms & Units Description

  • NumberOfUnitsTotal: 6

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Location & Schools

  • MLSAreaMajor: East
  • MLSAreaMinor: East M
  • CountyOrParish: Middlesex
  • Directions: East off Oakland Ave.
  • Coordinates: -81.201585, 42.989042
  • Zoning: R9-2

Property Details

  • ParcelNumber: 082990132
  • AboveGradeFinishedArea: 3090
  • AboveGradeFinishedAreaUnits: Square Feet
  • BelowGradeFinishedArea: 940
  • BelowGradeFinishedAreaUnits: Square Feet
  • StoriesTotal: 2
  • ConstructionMaterials: Brick
  • AcresRange: < 0.5

Property Features

  • LotFeatures: Urban, Ample Parking, Rec./Community Centre, Schools, Shopping Nearby
  • SecurityFeatures: None
  • LaundryFeatures: Coin Operated, Laundry Room
  • InteriorFeatures: Separate Hydro Meters
  • Utilities: Electricity Connected, Natural Gas Connected
  • Appliances: Water Heater Owned, Hot Water Tank Owned, Refrigerator, Stove
  • Basement: Full, Finished
  • FoundationDetails: Concrete Perimeter
  • Roof: Flat
  • FrontageLength: Lot Front(76.19)
  • ElectricOnPropertyYN: 1
  • Cooling: None
  • HeatingYN: 1
  • Heating: Gas Hot Water
  • ParkingTotal: 6
  • OpenParkingYN: 1
  • OpenParkingSpaces: 6
  • Sewer: Sewer (Municipal)
  • WaterSource: Municipal-Metered

Courtesy of

  • ListOfficeName: THRIVE REALTY GROUP INC.

London, ON N5W 2E7, Canada. MLS 40189793. This style property is located in London is currently . This property is listed at $ 1,199,900.00. It has 11 beds bedrooms, 6 baths bathrooms. The property was built in year.

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