1567 Allen Place London, Ontario N5W 2V9
$1,599,900
VERY SOLID 6 UNIT BUILDING CLOSE TO FANSHAWE COLLEGE AND ALL AMENITIES. 4 X 3 BEDROOM UNITS AND 2 X 1 BEDROOM UNITS. THERE IS ALSO AN ADDITIONAL SPACE IN THE LOWER LEVEL COULD EASILY BE USED AS AN APARTMENT(CURRENTLY JUST STORAGE FOR THE OWNER) COIN LAUNDRY ON SITE. STORAGE LOCKERS AVAILABLE FOR EACH UNIT. TONS OF PARKING IN THE REAR AND BUS ROUTES VERY VERY CLOSE BY. THIS IS A TURN KEY INVESTMENT OPPORTUNITY AND CREATES FANTASTIC INCOME. 2023 NUMBERS AS FOLLOWS...Total rental income 130425.03 Laundry income 1000 Property taxes 6721 Insurance 4223 Gas 6758 Hydro 8235. THE LOCATION MAKES THESE UNITS SO EASY TO RENT. DONT MISS IT. (id:39382)
Property Details
| MLS® Number | X9305237 |
| Property Type | Multi-family |
| Community Name | East E |
| ParkingSpaceTotal | 10 |
Building
| BathroomTotal | 6 |
| HeatingType | Radiant Heat |
| SizeExterior | 4900 Sqft |
| SizeInterior | 4900 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 150 Ft |
| SizeFrontage | 75 Ft |
| SizeIrregular | Bldg=75 X 150 Ft |
| SizeTotalText | Bldg=75 X 150 Ft |
| ZoningDescription | R8-1 |
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October 09 2024 04:34:40
London and St. Thomas Association of REALTORS®
Century 21 First Canadian Corp