42 Terrace Street, London, Ontario N5Z 2X4 (27924169)


LOADING

42 Terrace Street London, Ontario N5Z 2X4

3 Bedroom 2 Bathroom
Forced Air

$449,900

This licensed duplex is a fantastic opportunity for investors or homeowners looking to offset their mortgage! The vacant 2-bedroom main floor unit is move-in ready, making it perfect for a house hack or a mortgage helper. The upper bachelor unit is already leased, providing steady rental income.The unfinished basement offers excellent potential to increase value, with great ceiling height, a separate walkout, and a spacious layout. Whether you expand the main unit's living space, provide additional tenant storage, or install a coin-operated laundry for extra income, the options are there.Additional perks include a large shed that has previously been rented out for extra revenue. Recent updatesdeck repairs, fresh paint in the main unit, a new vanity, toilet, and bathroom windowensure the property is well-maintained and move-in ready.Located on a corner lot with two parking spaces and a generous backyard, this duplex is minutes from Victoria Hospital, public transit, and key amenities. Don't miss this chance to own a turnkey home with rental income potential! (id:53015)

Property Details

MLS® Number X11976341
Property Type Multi-family
Community Name South I
Parking Space Total 2

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Total 3
Appliances Two Stoves, Two Refrigerators
Basement Development Unfinished
Basement Features Separate Entrance
Basement Type N/a (unfinished)
Exterior Finish Brick
Foundation Type Unknown
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Duplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 40 Ft
Size Frontage 125 Ft
Size Irregular 125 X 40 Ft
Size Total Text 125 X 40 Ft
Zoning Description R2-2

https://www.realtor.ca/real-estate/27924169/42-terrace-street-london-south-i

Interested?

Contact us for more information


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Taylor Ivany
Salesperson

(519) 614-0405
(519) 614-0405
https://www.realtorsinlondon.ca/
https://www.facebook.com/realtorsinlondon

Blue Forest Realty Inc.
931 Oxford Street East
London, Ontario N5Y 3K1

(519) 649-1888
(519) 649-1888
www.soldbyblue.ca/

Lara Cutler
Salesperson

(226) 234-1221
realtorsinlondon.ca/
https://www.instagram.com/lara.cutler/

Blue Forest Realty Inc.
931 Oxford Street East
London, Ontario N5Y 3K1

(519) 649-1888
(519) 649-1888
www.soldbyblue.ca/

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