763 COLBORNE STREET, London

763 COLBORNE STREET, London FOR SALE

Brokered by: CENTURY 21 FIRST CANADIAN CORP

MLS® ID: X9251807 () For sale

Price: $799,900.00

Address: 763 COLBORNE STREET, London
Postal Code: N6A3Z8
Style: 
Type: Single Family Triplex
Bedrooms: 6
Bathrooms: 3 / 0
Bedrooms Aboveground:  5
Bedrooms Belowground:  1
Lot Size:   31 ft ,11 in x 251 ft
Property Size:  31.99 x 251 FT
Stories:  2


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! (id:56071)

Rental Equipment:  
Directions:  Left onto Colborne from Oxford heading East.
Zoning Description:  R2-2
Lot:  31.99 x 251 FT 31.99 x 251 FT
Exterior Finish:  Concrete
Water:  Municipal water, Sanitary sewer
Heating / Cooling:   Natural gas /
Age: 
Foundation: Block
Basement:  Full (Finished) Finished

Rooms & Sizes

     

Contact Us! For More Information or Schedule a Showing.

JD

John DiRenzo

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.