$1,249,000

Investment For Sale In West London, London, Ontario

$1,249,000

Property Information:

Prime rental location in charming Blackfriars neighbourhood. Three unit building on oversized lot and separate 2 car garage. Walking distance to downtown and close to major transit routes. Unit 1 consists of 3+1 bedrooms, 1 bathroom, Unit 2 consists of 3 bedrooms, 1 bathroom, and Unit 3 consists of 3 bedrooms, 1 bathroom. Walking distance to downtown, and on bus routes to Western University, Masonville Mall, Fanshawe and White Oaks. Enjoy scenic trails and paths along the Thames River, London Major Ball Games, and festivals/entertainment events downtown. Oversize lot offers many options for renovations and use. Positive cash flow even with current interest rates- buy now and enjoy more upside as rates decrease. Pro Forma worksheet available upon request. Don't sleep on this one!

Inclusions: Carbon Monoxide Detector,Microwave,Smoke Detector,All Appliances On-Site; Misc Furniture Items- Currently 3 Bedframes And Mattresses, 4 Barstools, 1 Black Leather Couch, 1 Coffee Table, 1 Wood/Fabric Loveseat, 1 Glider Chair, Misc Side Tables.

Exclusions : Tenant Belongings.

Building Features:

  • Floor Space: 3500 Square Feet

Property Features:

  • Bedrooms: 10
  • Acres Range: < 0.5
  • Basement: Partial, Finished
  • Construction Materials: Board & Batten Siding, Block
  • Cooling: Central Air, Ductless
  • Driveway Parking: Outside/Surface/Open, Private Drive Double Wide
  • Floor Space (approx): 3500 Square Feet
  • Heating: Forced Air, Natural Gas, Heat Pump
  • Interior Features: Separate Heating Controls, Separate Hydro Meters
  • Laundry Features: Common Area, Shared
  • Lot Depth: 145 Feet
  • Lot Features: Rectangular, Ample Parking, Dog Park, City Lot, High Traffic Area, Library, Park, Place of Worship, Public Parking, Public Transit, Quiet Area, School Bus Route, Schools, Shopping Nearby, Trails
  • Lot Frontage: 55.97 Feet
  • Parking Features: Detached Garage
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector, Smoke Detector
  • Water Source: Municipal
  • Zoning: R2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 8

Courtesy of: A TEAM LONDON

Data provided by: London St. Thomas Association of REALTORS® 342 Commissioners Rd. W., London, Ontario N6J 1Y3
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved