455 Nelson St

East K, London, N6B 1A6
FOR SALE
$289,900
Expired
$0
455 Nelson St, London
455 Nelson St
6
BEDROOMS
0
BATHROOMS
3
KITCHENS
13 + 2
ROOMS
X7868560
MLSID
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Listing History
List Date End Date Days Listed List Price Sold Price Status
2011-02-24 2011-05-03 69 $289,900 - Expired
Property Description
Great Positive Cash Flowing 4 Plex With A Proven History. Property Has No Vacancy, And Ready For New Investor To Carry On Their Own Business. This Property Comes With 5 Separate Hydro Meters, 3 Separate Decks, Plenty Of Parking In The Back Of Property For Minimum 5 Cars On A Large Lot. Apartment 1 Pays 750 Plus Hydro, Apartment 2 Pays 550 Inclusive, Apartment 3 Pays 600 Plus Hydro And Apartment 4 Pays 850 Plus Hydro For A Total Of $2750.00 Per Month. Expenses Run At $635.67 Per Month (Including Heating, Insurance, Utilities And Taxes). At 20 Down On This Property The Mortgage Would Be 231,920.00 @ 3.0. Variable Rate For 25 Years Would Be $1097.55. Revenue At $2750.00-$635.67-$1097.55 Leaves The New Owner With Wow! $1016.78.
Property Details
Street
Community
City
Property Type
Detached
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