625-627 THIRD STREET S, London, Ontario, N5V 2C1

$3,750,000

MLS® # X8481578

Investment For Sale In Argyle, London, Ontario

$3,750,000

Property Information:

8 unit 56 Bed student rental steps to Fanshawe College. Built in 1996. $69,642/Bed. Buildings in excellent condition. Gross Income $415,584. Aprox. 8.0% cap rate. Hydro paid by owner. Clean environmental 2014. With the infux of students coming to Ontario the properties rent roll will continue to grow. Current owners sign 1 year lease with each student. Coin operated Laundry in each suite. (id:27)

Building Features:

  • Style: Fourplex
  • Building Type: Multi-Family
  • Heating Type: Other
  • Heating Fuel: Natural gas
  • Appliances: Dryer, Refrigerator, Stove, Two stoves, Washer

Property Features:

  • Property Type: Multi-family
  • Bathrooms: 16
  • Irregular: Yes
  • Lot Size: 60 x 150 FT
  • No. of Parking Spaces: 20

Courtesy of: MYSAK REALTY INC.

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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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