34 Adelaide Street S London, Ontario N5Z 3K2

4 Bedroom 6 Bathroom 1956 sqft
None

$579,000

This investment property is located in the heart of London, offering a mix of six well-maintained apartments: four one-bedroom units and two studios. Four of the units are currently occupied by long-term tenants, providing immediate rental income, while two recently renovated units remain vacant, offering potential for higher returns. The property boasts an estimated net income of approximately $31,000 per year. Its central location offers excellent connectivity to public transit, with easy access to all local amenities, ensuring strong demand for both current and future tenants. (id:47351)

Property Details

MLS® Number 40661608
Property Type Multi-family
AmenitiesNearBy Park, Public Transit, Schools, Shopping
CommunityFeatures Community Centre
Features Paved Driveway, Crushed Stone Driveway
ParkingSpaceTotal 7

Building

BathroomTotal 6
BedroomsTotal 4
BasementDevelopment Finished
BasementType Full (finished)
CoolingType None
ExteriorFinish Aluminum Siding, Stucco
StoriesTotal 2
SizeInterior 1956 Sqft
UtilityWater Municipal Water

Parking

Detached Garage

Land

Acreage No
LandAmenities Park, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
SizeDepth 125 Ft
SizeFrontage 40 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription R2-2

https://www.realtor.ca/real-estate/27673427/34-adelaide-street-s-london