Address: 93 HIGH STREET, London
Postal Code: N6C4J8
Style:
Type: Multi-family Other
Bedrooms: 0
Bathrooms: 25 / 0
Bedrooms Aboveground: 0
Bedrooms Belowground: 0
Lot Size: 49 ft ,8 in x 291 ft
Property Size: 49.67 x 291 FT ; 148.09x93.24x291.53x49.67x145.27x42.07
This well-maintained 25-unit multi-family, brick building is a fantastic addition to any real estate portfolio. Nestled in a beautiful and highly sought-after neighborhood, this property is not only a gem for its tenants but also offers strong returns for investors, with a cap rate of approximately 5.5%. Highlights include 25 all-inclusive units, making renting convenient and attractive for tenants. Ample on-site parking for tenants and visitors alike, a rare find in the area. New flat roof installed in 2019, minimizing future maintenance costs. Convenient coin laundry facilities within the building for added tenant convenience and landlord income. With its prime location, solid construction, and amenities, this building is a turnkey investment. Take advantage of the demand in this fantastic neighborhood and the ease of all-inclusive units. Three vacant units await your tenant selection. This is an opportunity that s both attractive and enduring. Don t miss out! (id:56071)
Appliances: Intercom, Water Heater
Features: Sump Pump
Rental Equipment:
Directions: Off Grand Ave.
Zoning Description: R9-4
Lot: 49.67 x 291 FT ; 148.09x93.24x291.53x49.67x145.27x42.07 49.67 x 291 FT ; 148.09x93.24x291.53x49.67x145.27x42.07
Exterior Finish: Brick
Water: Municipal water, Sanitary sewer
Heating / Cooling: Natural gas /
Age:
Foundation: Concrete
Basement:
* Mandatory fields..
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John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.