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