FOR SALE
Brokered by: CENTURY 21 FIRST CANADIAN CORP
Address: 387 HORTON STREET E, London
Postal Code: N6B1L6
Style:
Type: Multi-family Other
Bedrooms: 7
Bathrooms: 5 / 0
Bedrooms Aboveground: 7
Lot Size: 33 ft x 165 ft
Property Size: 33 x 165 FT
Stories: 2
Exciting Investment Opportunity! Highly desirable rental property conveniently located near downtown. This three-unit building is situated on a spacious lot, within walking distance to downtown and near major transit routes. Units 1 and 2 offer two bedrooms and one bathroom each on the ground level. Unit 3, located on the upper level, is divided into three separate units (A, B, and C). Unit A features 2 bedrooms and 1 bathroom, Unit B has 1 bedroom and 1 bathroom, and Unit C is a bachelor unit with a bathroom. Experience the beauty of scenic trails along the Thames River, attend major ball games in London, and enjoy various festivals and entertainment events downtown. This property generates a net income of $58,000 annually, with a Pro Forma worksheet available for review upon request. With a remarkable cap rate of 7.1%, this investment opportunity is not to be missed. Act swiftly to seize this lucrative opportunity! Contact the listing agent for showings! (id:56071)
Rental Equipment:
Directions: Colborne & Horton
Zoning Description: R8-4,AC4
Lot: 33 x 165 FT 33 x 165 FT
Exterior Finish: Stucco, Vinyl siding
Water: Municipal water, Sanitary sewer
Heating / Cooling: Natural gas /
Age:
Foundation: Concrete
Basement: Crawl space (Unfinished) Unfinished
Sales Representative
RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490
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John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.