$999,800
 $5,367 est/mo Sourced by Back At You

235 Hamilton Road , London, ON N5Z 1P9

London, ON N5Z 1P9

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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.

Details

MLS#40629657
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1888
Days On Site94
Listing Provided ByRock Star Real Estate Inc., Brokerage | Mike Desormeaux

Features

Bed(s)11
Bath(s)5
SQ Feet3,668
BasementY
Story(s)2
Units5
ZoningBDC(35) H13
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 3 minutes ago
ProvinceON
CountyMiddlesex
CityLondon
Postal CodeN5Z 1P9
AreaEast
SubareaEast L
Community NameEast L
Listing VS Median (in East L)
Price:
$999,800
low | high
Med:
$126,000
100% of Average
SqFt:
3,668
low | high
Med:
1,000
100% of Average
$ / SqFt:
$273
low | high
Med:
$85
100% of Average
On Site:
94
low | high
Med:
35.000000
100% of Average
Sourced by Back At You
Listing Updated: August 7, 2024 at 11:23:20 AM PDT