$1,250,000

Investment For Sale In East London, London, Ontario

$1,250,000

Property Information:

Welcome to this purpose-built 6-plex, a prime multi-family investment opportunity with high income potential. The property features 4 spacious two-bedroom units and 2 larger three floor, currently being used as 3 bedroom, 1.5 bathroom units, offering versatility and appeal to a wide range of tenants. All units are thoughtfully designed for comfortable living. The building includes convenient onsite parking located at the rear, providing hassle-free access for tenants. The property is heated by 3 boilers helping to keep heating costs down. This property is steps away from popular attractions like Western Fair, 100 Kellogg Lane, and a variety of charming boutique shops. Tenants will enjoy the lifestyle convenience of nearby dining, entertainment, and local businesses, all while being just minutes from public transportation and major roadways. Ideal for investors seeking a solid income property in a desirable location. Don't miss this opportunity! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Amenities: Separate Hydro Meters
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Aluminum siding
  • Foundation Type:
  • Heating Type: Hot water radiator heat
  • Heating Fuel: Natural gas
  • Appliances: Refrigerator, Stove

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 8+6
  • Bathrooms: 8
  • Half Bathrooms: 1
  • Irregular: Yes
  • Lot Depth: 184.0 Feet
  • Lot Frontage: 55.0 Feet
  • Lot Size: 55 x 184 FT
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 10

Courtesy of: SUTTON GROUP PREFERRED REALTY INC.

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

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