London N5V 4Z1 Ontario
MLS: X11986342
Added 10 days ago | For Sale
Listed by: SUTTON GROUP - SELECT REALTY
Prime Investment Opportunity Legal 6-Bedroom Raised Ranch Near Fanshawe College! Located in an A+ rental location, this legal 6-bedroom raised ranch is a turnkey investment with a proven track record of high demand. Just a short walk to Fanshawe College, this property has never experienced a vacancy, consistently renting well in advance of the school year.Featuring high ceilings in the basement, updated flooring, and a new furnace & A/C (2024), Washer and Dryer (2022) this home is well-maintained. With tenants currently paying utilities, this investment generates $4,800/month ($57,600 annually), offering a cash flow of $1,370/month with 25% down and a 30-year amortization. Leases are secured until May 1, 2026, ensuring stability and peace of mind for investors.A rare find in an unbeatable locationdont miss out on this high-income, low-vacancy rental property!
| Level | Type | Features | Dimensions |
|---|---|---|---|
| Main | Living Room | 14 ft x 12 ft | |
| Kitchen | 15 ft x 10 ft | ||
| Dining Room | 14 ft x 12 ft | ||
| Bedroom | 12 ft, 6 in x 12 ft, 4 in | ||
| Bedroom | 11 ft, 8 in x 11 ft, 6 in | ||
| Bedroom | 9 ft, 9 in x 9 ft, 1 in | ||
| Lower | Bedroom | 17 ft x 11 ft | |
| Bedroom | 13 ft x 11 ft | ||
| Bedroom | 12 ft, 6 in x 12 ft, 4 in | ||
| Great Room | 18 ft x 15 ft |
No property rooms available.
