175 Grey Street London, Ontario N6B 1G2
$985,000
The Investments Group is pleased to present 175 Grey Street, a true value-add investment opportunity in London, Ontario. The property will be sold vacant with approved renovation permits to complete eight new units: one 3-bedroom, four 2-bedroom, and three 1-bedroom apartments, catering to the city's growing rental demand. Supported by multiple quotes for the work and professional property management, this property is primed for a seamless renovation process. Updates already completed include a new steel roof, boiler heating system, hot water tanks, and separately metered hydro. (id:47351)
Property Details
| MLS® Number | 40691807 |
| Property Type | Multi-family |
| AmenitiesNearBy | Public Transit, Schools |
| ParkingSpaceTotal | 5 |
Building
| BedroomsTotal | 14 |
| BasementDevelopment | Unfinished |
| BasementType | Full (unfinished) |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Vinyl Siding |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 3307 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Public Transit, Schools |
| Sewer | Municipal Sewage System |
| SizeDepth | 138 Ft |
| SizeFrontage | 51 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | R3-1 |
https://www.realtor.ca/real-estate/27823312/175-grey-street-london
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January 20 2025 10:27:08
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