1267 DUNDAS STREET, London, Ontario, N5W 3B3

$788,000

MLS® # X9358811

Investment For Sale In East London, London, Ontario

$788,000

Property Information:

Call it a cash cow! This 8plex is located on Dundas St and Oakland Ave. This property is a GREAT INVESTMENT with a gross income of $66,168 (projected $73,368) and a Net income of $33,372 (Projected $40,572) with 8 meters, allowing future landlords plenty of opportunity to increase the bottom line. There are five one-bedroom, one bachelor unit, and two two-bedroom units, all fully rented. There are 5 Parking spots and a Single-car garage that can be rented as a storage space. The basement under 1265 is unfinished with a 2pc bathroom that can be rented as a workshop area/storage for extra income. It is a very rare opportunity to get an 8plex at this price. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Basement Type: Partial
  • Exterior Finish: Brick, Vinyl siding
  • Foundation Type: Block
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Appliances: Refrigerator, Stove

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 9
  • Bathrooms: 9
  • Half Bathrooms: 1
  • Amenities Nearby: Public Transit, Schools
  • Community Features: School Bus
  • Irregular: Yes
  • Lot Depth: 126.8 Feet
  • Lot Frontage: 32.1 Feet
  • Lot Size: 32.1 x 126.9 FT
  • Zoning: AC4 R2
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage
  • No. of Parking Spaces: 4

Courtesy of: CENTURY 21 FIRST CANADIAN CORP

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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