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    592 Adelaide N Street London ON N6B 3J8

    $ 799,900.00

    592 Adelaide N Street London ON N6B 3J8
    • MLS #: 40300042
    • Post Updated: 2022-07-25 21:15:01
    • Bedrooms: 5
    • Area: 3800 sq ft
    • Lot size: 5183.64 sq ft
    • LotSizeAcres: 0.119
    • LotSizeDimensions: 150 x 34.91
    • BuildingAreaTotal: 3800
    • Year built: 1930
    • YearBuiltDetails: Estimate
    • Status:
    • Type:

    Description

    INVESTMENT AND/OR OWNER OCCUPY OPPORTUNITY. This desirable 3800 square foot building on good lot with rear parking, 6 vehicle mutual drive, located on busy, high visibility Adelaide Street N. The building is in great shape, well-maintained, freshly painted, and is presently fully occupied by four residential Tenants and one retail Tenant, and achieves a gross operating income of $67,860 per year. Great opportunity for an owner-occupier or investor to choose two of their own residential tenants. Apt 1 is month-to-month. Apt 2 & Apt 3 have received notice of rent increase beginning Sept 1st. Attractive main floor 600′ sq ft retail space with street frontage leased $1500 per month. Retail includes storage space in basement. Coin laundry from residential tenants produces $1,500 yearly. Current Rental license 2022. Present rent: Apt 2 $1030 Apt 3 $684 Apt 4 $1150 Sep. 1st: Apt 1 $1305 24+ HOUR NOTICE MUST BE GIVEN FOR SHOWINGS. GREAT OPPORTUNITY FOR OWNER OCCUPIED WITH INCOME.

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    Location & Schools

    • MLSAreaMajor: East
    • MLSAreaMinor: East G
    • CountyOrParish: Middlesex
    • CrossStreet: Central
    • Directions: North Along Adelaide St
    • Zoning: AC4

    Property Details

    • ParcelNumber: 082800002
    • AboveGradeFinishedArea: 3800
    • StoriesTotal: 2
    • ConstructionMaterials: Brick, Other
    • AcresRange: < 0.5

    Courtesy of

    • ListOfficeName: SUTTON GROUP PREFERRED REALTY INC., BROKERAGE

    592 Adelaide N Street London ON N6B 3J8. MLS 40300042. This style property is located in Old East Village is currently . This property is listed at $ 799,900.00. It has 5 beds bedrooms, bathrooms. The property was built in 1930 year.

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