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5 + 1
BEDROOMS3
BATHROOMS2 + 1
KITCHENS0
ROOMSX9251807
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-13 | 2024-11-30 | 110 | $799,900 | - | Expired |
| 2024-04-22 | 2024-08-12 | 112 | $849,900 | - | Terminated |
| 2010-05-18 | 2010-05-28 | 13 | $249,900 | $245,500 | Sold |
| 2020-09-03 | 2020-12-31 | 124 | $729,900 | - | Expired |
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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!
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Prime Investment Opportunity in Old South Permit-Ready Triplex! Don't miss out on this amazing investment opportunity in the highly sought-after Old South neighborhood! This legal triplex is permit-ready, with approved renovation drawings from the City of London, allowing the new owner to start work immediately saving valuable time and money. Key Features: Permit-Ready: Renovation plans have been fully approved, so you can get started right away. Prime Location: Situated in Old South, a neighborhood known for its historic charm, convenience, and strong rental demand. 3 Income-Generating Units: Includes two spacious two-bedroom units and one one-bedroom unit, offering great rental potential. Ample Parking: Comes with a two-car garage and space for up to six vehicles.With vacant units ready for transformation, this is a rare opportunity to add value and maximize returns in one of Londons most desirable areas. Act fast this wont last long!
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