22 Palace Street, London, Ontario N6B 3A6 (26871306)
22 Palace Street London, Ontario N6B 3A6
$829,999
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:53015)
Property Details
| MLS® Number | X8322168 |
| Property Type | Single Family |
| Community Name | EastF |
| Amenities Near By | Park, Place Of Worship, Schools |
| Parking Space Total | 4 |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 4 |
| Bedrooms Total | 8 |
| Appliances | Dryer, Refrigerator, Stove, Two Washers, Two Stoves, Washer |
| Basement Type | None |
| Cooling Type | Wall Unit |
| Exterior Finish | Vinyl Siding, Brick |
| Foundation Type | Poured Concrete |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Type | Duplex |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Park, Place Of Worship, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 94 Ft |
| Size Frontage | 45 Ft |
| Size Irregular | 45.25 X 94 Ft ; 94.24 X 45.41 Ft X 94.23 Ft X 45.41 Ft |
| Size Total Text | 45.25 X 94 Ft ; 94.24 X 45.41 Ft X 94.23 Ft X 45.41 Ft|under 1/2 Acre |
| Zoning Description | R3-2 |
https://www.realtor.ca/real-estate/26871306/22-palace-street-london-eastf
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Calum Angus
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(519) 859-0355
#101-630 Colborne Street
London, Ontario N6B 2V2
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July 04 2024 03:20:39
London and St. Thomas Association of REALTORS®
Coldwell Banker Power Realty
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Nicole Bartlett, Sales Representative, Coldwell Banker Star Real Estate, Brokerage
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