Investors take note! This is a rare opportunity to own Eight units,1 commercial & 7 residential units in the heart of London, Ontario. With a 5.7% CAP rate, this property has been well-maintained and boasts a strong rental history, making it a reliable source of income. With its desirable location and strong potential for future appreciation, this property is a smart investment choice with potential for further growth with any new turnovers. Roof shingles and baseboard heaters where replaced in 2015. Don't miss out on this opportunity - contact us today to schedule a viewing! (id:53015)
MLS® Number | 40446016 |
Property Type | Multi-family |
Amenities Near By | Park, Public Transit, Schools, Shopping |
Communication Type | High Speed Internet |
Equipment Type | None |
Features | Crushed Stone Driveway |
Parking Space Total | 10 |
Rental Equipment Type | None |
Bathroom Total | 8 |
Bedrooms Total | 6 |
Basement Development | Partially Finished |
Basement Type | Partial (partially Finished) |
Construction Style Attachment | Detached |
Cooling Type | None |
Exterior Finish | Aluminum Siding |
Fire Protection | Smoke Detectors |
Foundation Type | Unknown |
Heating Type | Baseboard Heaters |
Stories Total | 2 |
Size Interior | 5871 |
Utility Water | Municipal Water |
Access Type | Road Access |
Acreage | No |
Land Amenities | Park, Public Transit, Schools, Shopping |
Sewer | Municipal Sewage System |
Size Frontage | 75 Ft |
Size Total Text | Under 1/2 Acre |
Zoning Description | Asa4 As |
Cable | Available |
Electricity | Available |
Natural Gas | Available |
https://www.realtor.ca/real-estate/25786500/697-hale-street-london
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Johnny Rashmawi
Salesperson
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