$1,449,900

Investment For Sale In South London, London South (South F), Ontario

$1,449,900

Property Information:

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! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Amenities: Separate Heating Controls
  • Basement Development: Other, See Remarks
  • Basement Type: N/A
  • Easement: Easement
  • Exterior Finish: Brick, Vinyl siding
  • Floor Space: 5000 - 100000 sqft
  • Heating Type: Other
  • Cooling Type: None
  • Appliances: Dryer, Microwave, Range, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 14
  • Bathrooms: 10
  • Access Type:
  • Amenities Nearby: Public Transit
  • Features: Wooded area, Irregular lot size, Ravine, Lighting, Sump Pump
  • Floor Space (approx): 5000 - 100000 Square Feet
  • Irregular: Yes
  • Lot Depth: 42 Feet
  • Lot Frontage: 79.5 Feet
  • Lot Size: 79.5 x 42 FT
  • Structure Type: Deck, Patio(s), Shed
  • Surface Water:
  • Utility Type: Hydro - Installed, Sewer - Installed
  • View Type: City view, River view, View of water
  • WaterFront Type: Waterfront
  • Zoning: OS4
  • Sewer: Sanitary sewer
  • Parking Type: No Garage, Shared
  • No. of Parking Spaces: 15

Courtesy of: BLUE FOREST REALTY INC.

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

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

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