FOR SALE
Brokered by: COLDWELL BANKER POWER REALTY
Address: 22 PALACE STREET, London
Postal Code: N6B3A6
Style:
Type: Single Family Duplex
Bedrooms: 8
Bathrooms: 2 / 0
Bedrooms Aboveground: 4
Bedrooms Belowground: 4
Lot Size: 45 ft ,3 in x 94 ft
Property Size: 45.25 x 94 FT ; 94.24 x 45.41 ft x 94.23 ft x 45.41 ft
Stories: 2
Fully renovated licensed legal duplex located in desirable Woodfield steps to restaurants, parks, trails and walking distance to downtown London. multiple options available with both units currently vacant. This purpose-built duplex is a Landlords dream & is perfect for investors looking for a turnkey property with strong cash flow with a projected cap rate of over 8%. Separate heat, separate hydro and separate water meters! Each unit has their own laundry. Both units have 4 good sized bedrooms and a 4 piece bathroom, a large family room with gas fireplace and separate dining space as well as an eat in kitchen. 4\\6 parking spaces located on site. Both units are FULLY VACANT allowing the new Buyer to set their own rents Current market rents for EACH unit is $3200 plus utilities is easily attainable with its proximity to downtown and UWO & Fanshawe College. (id:56071)
Appliances: Dryer, Refrigerator, Two stoves, Two Washers
Rental Equipment:
Fireplace Total: 2
Directions: North on Adelaide towards Princess Ave, West of Adelaide St, South of Central Ave
Zoning Description: R3-2
Lot: 45.25 x 94 FT ; 94.24 x 45.41 ft x 94.23 ft x 45.41 ft|under 1/2 acre 45.25 x 94 FT ; 94.24 x 45.41 ft x 94.23 ft x 45.41 ft
Exterior Finish: Vinyl siding, Brick
Water: Municipal water, Sanitary sewer
Heating / Cooling: Electric / Wall unit
Age:
Foundation: Poured Concrete
Basement:
| Bedroom Lower level 3.35 m x 2.95 m | Bedroom Lower level 4.47 m x 3.02 m | Living room Lower level 6.05 m x 6.81 m |
| Kitchen Lower level 3.91 m x 3.3 m | Bedroom 5 Lower level 3.12 m x 3.18 m | Living room Main level 6.07 m x 6.91 m |
| Kitchen Main level 4.06 m x 3.3 m | Bedroom Main level 3.15 m x 3.12 m | Bedroom 2 Main level 3.84 m x 3.84 m |
| Bedroom 3 Main level 4.45 m x 2.95 m | Bedroom 4 Main level 3.38 m x 3.1 m | Bathroom Main level 4.06 m x 1.52 m |
Sales Representative
RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490
* Mandatory fields..
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John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.