235 HAMILTON Road Active Save Request In-Person Tour Request Virtual Tour
London,ON N5Z1P9
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,668 sqft
Price per Sqft $272
Subdivision East L
MLS Listing ID 40629657
Bedrooms 11
Year Built 1888
Property Description
MONEY MAKER! Legal Five-Unit Property FULLY LEASED! Consisting Of Four Two-Bedroom Units And One Large Three-Bedroom Unit. Each Unit Has One Bath, Kitchen, And Its Own Private Laundry. Meticulously Updated. All Units Are Large In Size And Each Has Its Own Hydro Meter And Separate Entrance. Located In An Excellent Rental Area. Annual Income Projected At $95,340 Per Year. Unit #1 Rented At $1,550 + Hydro, Unit #2 Rented At $1,500 + Hydro, Unit #3 Rented At $1,300 + Hydro, Unit #4 Rented At $1,600 + Hydro, Unit #5 Rented At $1,900 + Hydro. Cap Rate Of 6.9%. An Amazing Investment Opportunity With All Units Currently Tenanted At Market Rents. Annual Income $94,200. The Buyer And The Buyer's Agent Are Responsible For Verifying All Income And Expenses. (id:24570)
Location
Province ON
Interior
Heating Forced air,
Cooling None
Exterior
Garage No
Fence Fence
Waterfront No
View Y/N No
Building
Story 2
Sewer Municipal sewage system