11 Bedroom
5 Bathroom
3668 sqft
None
Forced Air
$864,900
FULLY LEASED ALMOST $2,500/Month Positive Cashflow! Legal 5-unit property offering exceptional cash flow, featuring four spacious 2-bedroom units and one large 3-bedroom unit, each with their own full bath, kitchen, and own insuite laundry. Meticulously updated and generously sized, every unit has its own hydro meter and separate entrance. Ideally located on a key arterial road just 2 km from the city's central business and administrative corridor, this property is surrounded by amenities that make it highly desirable for tenants, including public transit at the doorstep, grocery stores, restaurants, schools, and healthcare facilities within walking distance. It is also very close to the London Health Sciences Centre, Vauxhall Park, Boyle Memorial Park, and several community centres. The prime location supports its continued use as a strong multi-residential asset, offering excellent connectivity, access to essential services, and a stable urban setting conducive to long-term tenancy. Annual income of $90k + this is an outstanding investment opportunity. (id:46441)
Property Details
|
MLS® Number
|
40796376 |
|
Property Type
|
Multi-family |
|
Amenities Near By
|
Public Transit, Shopping |
|
Equipment Type
|
Water Heater |
|
Rental Equipment Type
|
Water Heater |
Building
|
Bathroom Total
|
5 |
|
Bedrooms Total
|
11 |
|
Basement Development
|
Unfinished |
|
Basement Type
|
Crawl Space (unfinished) |
|
Constructed Date
|
1888 |
|
Cooling Type
|
None |
|
Exterior Finish
|
Brick, Vinyl Siding |
|
Foundation Type
|
Unknown |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
3668 Sqft |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Access Type
|
Road Access |
|
Acreage
|
No |
|
Fence Type
|
Fence |
|
Land Amenities
|
Public Transit, Shopping |
|
Sewer
|
Municipal Sewage System |
|
Size Frontage
|
39 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
Bdc(35) H13 |
https://www.realtor.ca/real-estate/29222523/235-hamilton-road-london