1567 ALLEN PLACE, London, Ontario, N5W 2V9

$1,599,900

MLS® # X9305233

Investment For Sale In Argyle, London, Ontario

$1,599,900

Property Information:

VERY SOLID 6 UNIT BUILDING CLOSE TO FANSHAWE COLLEGE AND ALL AMENITIES. 4 X 3 BEDROOM UNITS AND 2 X 1 BEDROOM UNITS. THERE IS ALSO AN ADDITIONAL SPACE IN THE LOWER LEVEL COULD EASILY BE USED AS AN APARTMENT(CURRENTLY JUST STORAGE FOR THE OWNER) COIN LAUNDRY ON SITE. STORAGE LOCKERS AVAILABLE FOR EACH UNIT. TONS OF PARKING IN THE REAR AND BUS ROUTES VERY VERY CLOSE BY. THIS IS A TURN KEY INVESTMENT OPPORTUNITY AND CREATES FANTASTIC INCOME. 2023 NUMBERS AS FOLLOWS...Total rental income 130425.03 Laundry income 1000 Property taxes 6721 Insurance 4223 Gas 6758 Hydro 8235. THE LOCATION MAKES THESE UNITS SO EASY TO RENT. DONT MISS IT. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Amenities: Separate Hydro Meters
  • Exterior Finish: Brick
  • Foundation Type: Poured Concrete
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas

Property Features:

  • Property Type: Multi-family
  • Bathrooms: 6
  • Irregular: Yes
  • Lot Depth: 150.0 Feet
  • Lot Frontage: 75.0 Feet
  • Lot Size: 75 x 150 FT
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 10

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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