235 HAMILTON Road, London, Ontario

$999,800

11 Beds
5 Baths
3,668 Square Feet

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:23309)

Listing ID: 40629657
Property Type: Multi-family
Year Built: 1888

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Details

Amenities Nearby: Public Transit, Shopping
Equipment: Water Heater
Ownership: Freehold
Rental Equipment: Water Heater
Transaction: For sale
Zoning Description: BDC(35) H13

Building

BasementType: Crawl space (Unfinished)
Basement Development: Unfinished
Constructed Date: 1888
Cooling: None
Exterior Finish: Brick, Vinyl siding
Fireplace Present: False
Foundation: Unknown
Bathrooms (Total): 5
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 3668 sqft
Stories Total: 2
Utility Water: Municipal water

Land

Access Type: Road access
Amenities: Public Transit, Shopping
Fence: Fence
Sewer: Municipal sewage system
Size Frontage: 39 ft

Listing provided by Rock Star Real Estate Inc., Brokerage
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 235 HAMILTON Road in London Ontario. It was last modified on August 6th, 2024. Contact the Bonnie & Ken Rossiter Team to schedule a viewing or to discover other London real estate for sale.

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