$999,900

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

$999,900

Property Information:

Fantastic investment opportunity. Purpose built 2 story 2+1 bedroom townhouse style triplex. Updated top to bottom. Completely self contained. All with full basements with family and laundry rooms and separate furnaces. Rents are Unit Unit #1$1937, Unit #2 $1879. and Unit #3 $1890. monthly plus utilities and an additional $95.p/m for water. Annual Net income is $61,539.00 Well-maintained triplex with solid income. At asking price, cap rate is approximately 6.2%. Clean numbers and minimal expense exposure due to tenant-paid utilities. (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Amenities: Separate Hydro Meters
  • Basement Development: Finished
  • Basement Type: N/A
  • Exterior Finish: Aluminum siding, Brick
  • Floor Space: 2000 - 2500 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Appliances: Water meter

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Public Transit, Schools
  • Community Features: School Bus
  • Features: Lane
  • Fence Type: Fenced yard
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 151.0 Feet
  • Lot Frontage: 34.2 Feet
  • Lot Size: 34.2 x 151 FT
  • Structure Type: Patio(s)
  • Utility Type: Sewer - Installed, Hydro - Installed, Cable - Installed
  • Zoning: R3-2
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 6

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.