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$2,105,000
Status: For Sale
Don't miss out on this set of side-by-side fourplexes for a total of 8 units in an A+ location with an annual gross income of $169,000! Close to Western and on major bus routes to Fanshawe College. Convenient downtown location close to groceries, shopping and nightlife makes this a desirable and sought after location for tenants. Large lot with 14+ parking spots, unheard of for downtown.7 units recently updated with appliances (2020), kitchens, paint and flooring. Newer boiler (2018), on-demand hot water (2018), separate electrical meters (2020), plumbing (2020). Recent fire inspection and valid rental license in place. Potential for up to 4 vacant units on possession if desired. London has a resilient and diverse economy, providing a stable foundation for investing.
| Property Type | :Residential |
|---|---|
| MLS Number | :X9260198 |
| Listing Type | :Sale |
| Property Age | :100+ Years |
| Possession Date | : |
| Last Updated | :14 Sep, 2024 (64 Days ago) |
| Source | :TRREB |
| Area | :Middlesex |
|---|---|
| Postal Code | :
N6A 1V4
|
| Price | : $2,105,000 |
|---|---|
| Property Taxes | :$13062.82 |
| Tax Year | :2024 |
|---|
| Bedrooms | :0 + |
|---|---|
| No. of Rooms | :28 |
| Air Conditioning | :None |
| Heating | :Water |
| Place of Worship | :No |
| Cross Street | :Richmond |
| Bathrooms | :8 |
|---|---|
| Fuel | :Gas |
| Elevator | :No |
| Approx Square Footage | :3000-3500 sqft |
| Exterior Finish | :Brick |
|---|---|
| Parking Space | :14 |
| Basement | :Sep Entrance |
| Garage | :None |
|---|
19 Aug, 2024
TREB #X9260198
Listed
$2105000.0
