14 Beds 10 Bath

1 High Street, London South, ON N6C 4J5

London South N6C 4J5 Ontario

MLS: X12378505

$1,599,900

Added 5 days ago | For Sale

Listed by: BLUE FOREST REALTY INC.

About Property

Waterfront investment properties are a rare find in the city! Tenants love the location; central to bus routes including the new rapid transit, Thames Valley Parkway and all that downtown has to offer. Plenty of green space, a large parking lot with a space for every unit and then some, and a scenic view of the Thames River! The property consists of two buildings with 10-units total (one 6-unit building and one 4-unit building); in total there are five 1-bedroom 1-bathroom units, four 2-bedroom 1-bathroom units and one bachelor unit. All tenants pay promptly the first of every month and laundry machines are owned with one set in each building. One of the two bedroom units was just given a complete renovation and some of the roof has been redone. Plenty of opportunity to add value with some units paying below market rent (all units separately metered). Don't miss a great opportunity to invest in London!

Features

  • House Style:Multiplex
  • Bathrooms:10
  • Land Size: 79.46 X 42
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Other
  • Cross Street:WELLINGTON RD
  • Basement:Other , Other
  • Possession Date:FLEXIBLE
  • Annual Property taxes: $19355
  • Bedrooms:14
  • Total Parking Spaces:15
  • Parking Places:15
  • Heating Type:Other
  • Pool Type:None
  • Exterior:
  • Direction Facing:North
  • Front Footage:
  • Listing ID:X12378505

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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