$1,099,000

Investment For Sale In Hamilton Road, London, Ontario

$1,099,000

Property Information:

Purpose built all brick 6 unit apartment building with a metal roof. 3 storey walk up consists of 5 spacious 2-bedroom units and a 1-bedroom apartment. Laundry room on lower level, coin operated. Separate hydro meters so all rents are plus Hydro. Quiet location in the East end near a school and shopping.Gross income approximately $64,476.00. Huge upside potential on the tents of approximately $47,064.00 which adds about $800,000.00 in value to the property. Income and expenses information available in the documents. **** EXTRAS **** Don't miss out on this huge potential, this new price of $1,099,000 is a reduction of $200,000 from previous Listing. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Basement Type: Full
  • Exterior Finish: Brick
  • Foundation Type: Concrete
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Appliances: Dryer, Refrigerator, Stove, Washer

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 8+3
  • Bathrooms: 6
  • Amenities Nearby: Hospital, Park, Public Transit, Schools
  • Features: Lane
  • Irregular: Yes
  • Lot Depth: 105.0 Feet
  • Lot Frontage: 52.0 Feet
  • Lot Size: 52 x 105 FT
  • Utility Type: Sewer - Installed
  • Zoning: R8-4
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 4

Courtesy of: SUTTON GROUP - SELECT REALTY

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