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BEDROOMS3
BATHROOMS3
KITCHENS12
ROOMSX9354827
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-09-17 | 2024-10-31 | 44 | $575,000 | $525,000 | Sold |
2024-05-16 | 2024-09-16 | 123 | $575,000 | - | Expired |
2024-01-14 | 2024-05-15 | 121 | $575,000 | - | Expired |
2023-07-12 | 2023-10-12 | 92 | $549,999 | - | Expired |
2023-10-13 | 2024-01-14 | 92 | $575,000 | - | Expired |
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Property Description
Attention Investors! This beautiful brick Triplex would be a great addition to any investment portfolio, anyone looking for help with the mortgage while your child lives in one unit and attends post-secondary school, or for those looking to get into the market. You hardly notice that you are in Downtown London on this quiet street with mature trees. Located in the heart of London and just over 10 minutes to both UWO and Fanshawe College; this property has loads of potential. Featuring three 1 Bedroom Units with each unit located on a separate floor for added privacy. The upstairs unit is currently VACANT, carpet free and features a good-sized living room, eat-in kitchen and 3-piece bathroom. The main floor and basement each have a 1-bedroom unit and have great potential to earn some sweat equity and add to the value of the property. Outside you will find a large, fully-fenced backyard and spacious deck for everyone to enjoy on those warm summer days. There is a long driveway with ample parking and potential to add more parking in the big backyard. Some recent updates include New Windows in the Upper Unit (2024) as well as a New Front Door (2024). Opportunities with both good income potential and prime location do not come up often. This is a must see!
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Property Details
Street
Community
City
Property Type
Triplex, 1 1/2 Storey
Approximate Sq.Ft.
700-1100
Lot Size
33' x 109'
Fronting
South
Taxes
$3,683 (2023)
Basement
Full, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
5
Driveway
Private
Garage Type
None
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Similar Listings
Amazing Opportunity with this fully legal triplex at 7 Marmora. The large 2 bedroom unit is vacant with space to add a third bedroom for additional rental income. Meanwhile, the other two well-maintained 1-bedroom units are currently occupied by reliable A+ tenants. Nestled on a quiet street, this property boasts a generous 165-foot deep lot with ample parking and a good-sized backyard to enjoy. ESA and Final Building Permit completed after recent updates. Conveniently located near parks, downtown, shops, and Victoria Hospital, this triplex is perfectly situated to enjoy all the amenities the area has to offer. Whether you choose to move in and have the other 2 units be the perfect mortgage helper or rent out the vacant unit for great cash flow, this property is a fantastic investment. Act fast and book your showing today!
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