➧
➧
Browsing Limit Reached
Please Register for Unlimited Access
5 + 1
BEDROOMS3
BATHROOMS2 + 1
KITCHENS0
ROOMSX8258092
MLSIDContact Us
Property 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!
Call
Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2010-05-18 | 2010-05-28 | 13 | $249,900 | $245,500 | Sold |
| 2020-09-03 | 2020-12-31 | 124 | $729,900 | - | Expired |
Call
Property Details
Street
Community
City
Property Type
Triplex, 2-Storey
Lot Size
32' x 251'
Fronting
East
Taxes
$5,508 (2023)
Basement
Finished, Full
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
5
Driveway
Front Yard
Garage Type
None
Call
Listing contracted with Century 21 First Canadian Corp.
Similar Listings
Prime Location Triplex in London, Ontario - Ideal Investment Opportunity: Welcome to this well-maintained triplex in the heart of London, Ontario, offering three separate units including a 1-bedroom apartment, 2-bedroom apartment and 3-bedroom apartments. Situated in a prime location with consistent high rental demand and walkable distance to downtown, this property presents an excellent income-generating opportunity. Features include modern amenities, strong occupancy rates, and proximity to schools, parks, and amenities. Don't miss out on adding this lucrative investment to your portfolio - schedule a viewing today!
Call
Call