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$ 1,550,000
Est. payment | /mo
16,963 SqFt
$ 1,550,000
Est. payment | /mo
16,963 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 16,963 sqft
Price per Sqft $91
Subdivision Nw
MLS® Listing ID X10404990
Originating Board London and St. Thomas Association of REALTORS®
Property Description
This looks like a solid investment opportunity! A 5-plex all 2 bedrooms are renovated units, finished basements, and tenants covering utilities is definitely appealing. Plus, the proximity to the hospital and major highways is a big plus. The fact that rents are below market value means there's potential for increased cash flow in the future. All 5 units have renovated kitchens, some stainless appliances, updated bathrooms, newer flooring through all of the 5 units, all newer light switches and electrical out lets and newer LED lights in most units. If you're considering this, it might be worth looking into the current market trends and rental rates in the area to get a better sense of the potential returns. What do you think? **** EXTRAS **** all 5 units have renovated kitchens, some stainless appliances, updated bathrooms, brand new flooring through all of the 5 units, all new light switches and electrical out lets and new LED lights in most units.. (id:24570)
Location
Province ON
Interior
Heating Baseboard heaters
Cooling Fully air conditioned
Exterior
Garage No
View Y/N No
Private Pool No