$849,900

Investment For Sale In Central London, London East (East F), Ontario

$849,900

Property Information:

Welcome to 142 John Street - a solid, income-producing triplex nestled in the heart of Old North, one of London's most sought-after neighbourhoods, this property boasts classic charm with modern updates, making it an ideal investment opportunity. This property offers three self-contained units, each with its own kitchen, living space, and bath, and has been moderately updated over time to blend original character with practical, modern improvements. The main unit features 3 bedrooms, 1 bathroom, kitchen and hardwood floors. The upper unit offers 2 bedrooms, 1 bathroom, eat in kitchen, and a cozy living area, perfect for renter. The lower unit includes 2 bedrooms, 1 bathroom and a living area that boasts large windows, allowing for an abundance of natural light. It's an ideal opportunity for investors to secure a foothold in a high-demand rental area with proven performance and long-term upside. Additional highlights include laundry and separate entrances for each unit. Steps to amenities, transit, Western, and the downtown core, this location checks every box for long-term stability and tenant appeal. A smart, straightforward asset in a prime London neighbourhood. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Triplex
  • Amenities: Separate Hydro Meters
  • Basement Development: Partially finished
  • Basement Type: N/A
  • Exterior Finish: Brick
  • Fire Protection: Smoke Detectors
  • Fireplace: Yes
  • Floor Space: 1500 - 2000 sqft
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Dishwasher, Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5+2
  • Bathrooms: 3
  • Half Bathrooms: 1
  • Amenities Nearby: Park, Public Transit
  • Features: Flat site
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 148.5 Feet
  • Lot Frontage: 30 Feet
  • Lot Size: 30 x 148.5 FT
  • Structure Type: Porch
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 2

Rooms:

  • Living Main Level 3.96 m x 3.65 m

Courtesy of: PRIME REAL ESTATE BROKERAGE

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