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4
BEDROOMS6
BATHROOMS6
KITCHENS14
ROOMSX10440638
MLSIDContact Us
Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-11-21 | 2024-12-16 | 25 | $579,000 | $550,000 | Sold |
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Property Description
This Investment Property Is Located In The Heart Of London, Offering A Mix Of Six Well-Maintained Apartments: Four One-Bedroom Units And Two Studios. Four Of The Units Are Currently Occupied By Long-Term Tenants, Providing Immediate Rental Income, While Two Recently Renovated Units Remain Vacant, Offering Potential For Higher Returns ($20K Spent On Renovation). The Property Boasts An Estimated Net Income Of Approximately $31,000 Per Year. Its Central Location Offers Excellent Connectivity To Public Transit, With Easy Access To All Local Amenities, Ensuring Strong Demand For Both Current And Future Tenants.
Extras
Monthly Rent Income: #1(1Bdrm/2Nd Floor) =$666; #2 (1Bdrm/Ground) =$692; #3 (Studio/Ground) =$615; #4 Vacant (1 Bedroom/Basement) Potential Income $1200; #5 Vacant (1Bdrm/Ground Floor) Potential Income $1500; #6 (Studio/2Nd Floor) =$717
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