Size
-
Lot size
745.92 sqm
Street frontage
E
Possession
Flexible
Price per sqm
-
Taxes
$5,508 (2023)
Parking Type
-
Style
2-Storey
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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!
EXTRAS:
EXTRAS:
Broker: CENTURY 21 FIRST CANADIAN CORP
MLS®#: X9251807
Property details
Parking:
5
Parking type:
-
Property type:
Triplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
-
Lot front:
9.75 M
Lot depth:
76.5 M
Listed on:
Aug 13, 2024
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Instant estimate:
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$58,272
lower than listed pricei
High
$789,274
Mid
$741,628
Low
$721,453
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