353 Central Ave

Welcome to your new investment property! 4 self-contained units await in the heart of London. Steps from Wellington and Richmond, walking distance to shopping, groceries, bars, restaurants. Close to downtown, just blocks away from the train station. Each unit is separately metered for hydro. Unit 1 features 1 bedroom on the main floor, with 2 in the basement, washer/dryer, dishwasher and 2 parking spots. Unit 2- 2 beds, washer/dryer, dishwasher. Unit 3- 1 bedroom, 1 parking spot. Unit 4- 2 beds, washer/dryer, 2 parking spots and use of backyard. Check out the detailed floor plan in attachments for a great breakdown of each unit. Each unit is heated by electric baseboards, with tenants paying hydro. Landlords pay water and gas. Asphalt shingle roof done in 2019. All 4 units currently rented, and with a property manager already in place, this is a turn-key rental property that will add considerable value to your current holdings or make a great first investment!

EXTRAS: Rent for each unit: Unit 1- Rented in the past for $2,050 (3 bed), Unit 2- Rented for $1,500 (2 bed), Unit 3- $544.50 (1 bed), Unit 4- $1,800 (2 bed). Current property manager in place charges 7% of monthly rent.