2 x buildings for the price of one! Semi-detached back-to-back duplex located in Woodfield, the heart of Downtown London. Front building (vacant) - newer addition is a raised ranch 4 bed, 1 bath unit fully updated with new lighting, paint, flooring, patio & finished basement with in-law suite potential. The back building is the originally built 1.5-storey cottage-like building featuring 2 beds & 2 full baths. This layout offers 3 tiers of outdoor patio space, a master bedroom loft with ensuite + laundry & new additional heat pump unit. The back unit is currently rented month-to-month for $1541 + utilities (photos are prior to tenancy). The property has a new driveway with parking for +4 cars & a storage shed used by the landlord. Fully licensed with the City of London. Separate gas, hydro & water meters. 2 furnaces, 2 water heaters & 2 laundry’s. No rental items, all appliances owned. New sewer in 2022. Perfect layout for house hackers to live in one unit & maximize your rental income with the other! Potential rent for the front building is $2850/month + utilities. Investors, no overhead costs! Call today for further details. This listing won’t last long! (id:41195)
Look no further than this fully renovated seperately metered Three Unit income property in Manor Park. This hidden gem works as an ideal seemless compliment to exisiting porfolios or as a fresh and friendly advent into the real estate investing world. This property has been creatively designed to keep all the living space of its units above grade; with all units being renovated and all major elements being replaced or upgraded recently; with bonus storage rented units below grade as an additional income stream. Located just West of Wortley Village and surounded by lovely nature spaces including Euston Park and The Coves; which offers an unexpected and welcome disconnect from the intense urban elements. This is perfectly complemented as it offers very close access to the major transportation routes for public transit and is situated near to shopping centres. This fully tenanted property offers an annual income of $55,000 makiing this property a prime candidate for a cash flowing asset; with over a 6% Cap Rate at asking. The newly renovated basement space allows for additional income with storage units and features new appliances including two washers and two dryers for usage between the tenants; a reflection almost all the properties applinces being recetly upgraded. (id:41195)
To save this search for a future visit, enter a name and click 'Save'
Click on any of your Saved Searches to find listings that match your criteria
My Searches | Date Created | Delete All |
---|