$999,000

Investment For Sale In Central London, London, Ontario

$999,000

Property Information:

Great opportunity to invest in London's booming rental market. This gorgeous 4-plex is located in very close proximity to Downtown and steps to Public Transit. The neighborhood is quiet and offers an easy commute to all London has to offer including Budweiser Gardens, Victoria Park, Richmond Row with all its eateries and entertainment, Western University, Fanshawe College, and 2 major Hospitals There is a main floor 3 bedrm unit, 2 one bedroom units upstairs and a 2 bedroom unit in the lower level. All units have separate hydro meters and the 2 upper units have electric heat which the tenant pays for. Lots of updates throughout with newer windows, flooring, kitchens, etc. There is a coin operated washer and dryer for tenants use available in the lower level. This property is currently licensed with the city and fire inspection completed June 10, 2022. Large private backyard with shed and privacy fencing for the tenants to use. Spacious porch and decks for tenants to enjoy as well. The double wide driveway would easily fit 8 cars but less allows for tenants not to have to jockey vehicles. Pictures are from an earlier listing.

Inclusions: Other,Fridge, Stove And Dishwasher In Each Unit Are "as Is" And Are Believed To Be Operating. Coin Operated Washer And Dryer In Common Area.

Building Features:

  • Floor Space: 2154 Square Feet

Property Features:

  • Bedrooms: 7
  • Acres Range: < 0.5
  • Basement: Separate Entrance, Full, Partially Finished
  • Built in: 1893
  • Cooling: None
  • Driveway Parking: Private Drive Double Wide
  • Exterior Features: Private Entrance, Separate Hydro Meters
  • Fencing: Fence - Partial
  • Floor Space (approx): 2154 Square Feet
  • Heating: Other
  • Interior Features: Separate Hydro Meters
  • Laundry Features: Coin Operated, Common Area
  • Lot Depth: 133 Feet
  • Lot Features: Rectangular, Ample Parking, City Lot, Park, Public Transit, Quiet Area, Schools, Shopping Nearby
  • Lot Frontage: 52.00 Feet
  • Other Structures: Shed(s)
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Zoning: R2-2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 8

Courtesy of: THE REALTY FIRM INC., BROKERAGE

Data provided by: London St. Thomas Association of REALTORS® 342 Commissioners Rd. W., London, Ontario N6J 1Y3
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved