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11
Bedrooms
5
Bathrooms
3,668 sqft
Living Area
1888
Year Built
About This Property
This 11-bedroom, 5-bathroom multi-family in London offers 3,668 sqft of living area. Built in 1888, 2 storeys. The home features forced air, natural gas heating, a unfinished, crawl space basement.
MLS Remarks
FULLY LEASED ALMOST $2,500/Month Positive Cashflow! Legal 5-unit property offering exceptional cash flow, featuring four spacious 2-bedroom units and one large 3-bedroom unit, each with their own full bath, kitchen, and own insuite laundry. Meticulously updated and generously sized, every unit has its own hydro meter and separate entrance. Ideally located on a key arterial road just 2 km from the city's central business and administrative corridor, this property is surrounded by amenities that make it highly desirable for tenants, including public transit at the doorstep, grocery stores, restaurants, schools, and healthcare facilities within walking distance. It is also very close to the London Health Sciences Centre, Vauxhall Park, Boyle Memorial Park, and several community centres. The prime location supports its continued use as a strong multi-residential asset, offering excellent connectivity, access to essential services, and a stable urban setting conducive to long-term tenancy. Annual income of $90k + this is an outstanding investment opportunity. (id:60351)
Overview
Property Typeresidential
Sub-Type
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