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$1,100,000
Est. payment /mo
15 Beds
8 Baths
2,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $440
Subdivision East H
MLS® Listing ID X12023560
Bedrooms 15
Source London and St. Thomas Association of REALTORS®
Property Description
Attention investors! Don't miss out on this unique opportunity to own 8 units across three separate buildings. There's significant potential for value-added opportunities, including the creation of additional units and further development. Conveniently located near Fanshawe College and Argyle Mall, and with easy access to the 401 highway, making these units are appealing to a broad range of tenants. The large parking lot offers ample space for all tenants, plus extra room for visitors. Recent upgrades include all roofs being replaced in 2022, two new boilers (2023), and one new furnace (2021). Four of the 8 units have been fully renovated, leaving the remaining 4 units with great value-add opportunity. Current rental income is $101,168, with potential to reach up to $122,000. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Other
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 10
Private Pool No
Building
Lot Description Landscaped
Story 2
Sewer Sanitary sewer
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Listed by BLUE FOREST REALTY INC.
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