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$829,999
Status: OFF MARKET
Fully renovated licensed legal duplex located in desirable Woodfield steps to restaurants, parks, trails and walking distance to downtown London. multiple options available with both units currently vacant. This purpose-built duplex is a Landlords dream & is perfect for investors looking for a turnkey property with strong cash flow with a projected cap rate of over 8%. Separate heat, separate hydro and separate water meters! Each unit has their own laundry. Both units have 4 good sized bedrooms and a 4 piece bathroom, a large family room with gas fireplace and separate dining space as well as an eat in kitchen. 4\6 parking spaces located on site. Both units are FULLY VACANT allowing the new Buyer to set their own rents Current market rents for EACH unit is $3200 plus utilities is easily attainable with its proximity to downtown and UWO & Fanshawe College.
| Property Type | :Residential |
|---|---|
| MLS Number | :40585757 |
| Listing Type | :Sale |
| Property Age | :31-50 Years |
| Possession Date | : |
| Last Updated | :04 Jul, 2024 (192 Days ago) |
| Source | :LSTAR |
| Area | :Middlesex |
|---|---|
| City | :London |
| Area Major | :East |
| Area Minor | :East F |
| Postal Code | :
N6B 3A6
|
| Directions | :North on Adelaide towards Princess Ave, West of Adelaide St, South of Central Ave |
| Price | : $829,999 |
|---|---|
| Property Taxes | :$4500.39 |
| Tax Year | :2023 |
|---|
| Bedrooms | :8 + |
|---|---|
| No. of Rooms | :14 |
| Air Conditioning | :Wall Unit(s) |
| Heating | :Baseboard |
| Place of Worship | :No |
| Bathrooms | :2 |
|---|---|
| Approx Square Footage | :2634 sqft |
| Virtual Tour | :Virtual Tour (External Link) |
| Bedroom | :3.76 m x 3.78 m |
|---|---|
| Living Room/Dining Room | :6.05 m x 6.81 m |
| Bedroom | :4.44 m x 2.95 m |
| Bedroom | :3.84 m x 3.84 m |
| Bedroom | :4.47 m x 3.02 m |
| Kitchen | :4.06 m x 3.30 m |
|---|---|
| Bedroom | :3.12 m x 3.17 m |
| Bedroom | :3.35 m x 2.95 m |
| Bathroom | :3.91 m x 1.55 m |
| Bathroom | :4.06 m x 1.52 m |
09 May, 2024
TREB #40585757
Listed
$829999
