1073 Richmond Street,
London ON, N6K 3K1
Description
Attention investors. Great Investment opportunity..Prime location walking distance to UWO. TURNKEY licensed student rental duplex that has been renovated top to bottom. Two 4 bedroom units rented until April 2021. Existing rent income (all rented) +/-($549. x 4 and $570.00 x 4) x 12 = $53712.00. Based on current average rents for A1 investment properties potential increase of up to 5% for new tenants in 2021. Rents include heat. Tenants pay electricity and water. Renovations include all windows, aluminum soffit, fascia and eaves troughs, all wiring throughout 2 meters, 2 electrical panels with 100 amp service, all plumbing throughout. One boiler with 3 heating zones and three thermostats. Kitchens, 4 bathrooms and all flooring either refinished or renovated. Decorated and painted throughout. Parking for 6+ vehicles. Property comes with rental license. Showings will be Tuesday, Thursdays and Saturday 1-4 pm. with 24 hrs notice and comply to Covid19 showing protocol. Listed in conjunction with 1037 Richmond St (MLS#40014610) as well. Both are available together or seperately. If both purchased one must close in 2020 and the other in 2021
Details
| MLS# | 40015337 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 77 |
Features
| SQ Feet | 2,425 |
|---|---|
| Units | 2 |
| Building(s) | 1 |
Request a showing
Request a showing
Contact
Learn More About This Property
| Area Information | |
|---|---|
| Province | ON |
| County | Middlesex |
| City | London |
| Postal Code | N6K 3K1 |
| Area | East |
| Listing VS Median (in N6K 3K1) | |
Price: $869,900 low | high Med: $869,900 SqFt: 2,425 low | high Med: 2,425 $ / SqFt: $359 low | high Med: $359 On Site: 77 low | high Med: 77 | |
MLS Number: 40015337Listing Provided By:
TREVOR A. TYSON of CENTURY 21 FIRST CANADIAN CORP