Insufficient data to provide an accurate estimate
763 Colborne Street
London



+22
6
bed3
bath5
parking1872 - 1872
sqftTriplex
$849,900
Instant Estimate Not Available
For Sale
361 days
on site$849,900
Instant Estimate Not Available

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Size
-
Lot size
8029 sqft
Street frontage
W
Possession
-
Price per sqft
$454
Taxes
$5,508 (2023)
Parking Type
-
Style
-
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Description
Exciting Update on Rental Property! Achieving a 5.1% Cap Rate with Over $50,000 in Gross Income! Explore this property with an exceptionally deep lot, just moments away from Downtown, Western University, Fanshawe College, St. Joseph's Hospital, and numerous amenities. This two-story brick residence is fully occupied and ready for a new owner. It comprises lower, first, and second-floor units, each with its own entrance. The lower and first-floor units include utilities, while the second unit is separately metered for electricity. Additional revenue streams come from local businesses leasing parking spaces at the rear of the property. Don't miss out on this opportunity to own a slice of downtown London! Income and expense details are available upon request. This property is completely turnkey!
Broker: CENTURY 21 FIRST CANADIAN CORP., BROKERAGE
MLS®#: 40562082
Property details
Parking:
5
Parking type:
-
Property type:
Triplex
Heating type:
Forced Air
Style:
-
MLS Size:
1872 sqft
Lot front:
31 Ft
Lot depth:
251 Ft
Listed on:
Apr 22, 2024
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Instant estimate:
Not Available
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About 763 Colborne Street
763 Colborne Street is a London triplex for sale. 763 Colborne Street has an asking price of $849900, and has been on the market since April 2024. This 1872-1872 Squa triplex has 6 beds and 3 bathrooms.
For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this triplex.
Getting around the area will require a vehicle, as there are no nearby transit stops.
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