Attention investors. Great Investment opportunity..Prime location walking distance to UWO. TURNKEY licensed duplex that has been renovated top to bottom. Two 4 bedroom units rented until April 2021. Existing rent income ($2196) and $2280.) 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 separately. If both purchased one must close in 2021 and the other in 2022
MLS# | 40015337 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1900 |
Days On Site | 130 |
SQ Feet | 2,425 |
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Units | 2 |
Building(s) | 1 |
Area Information | |
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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: 130 low | high Med: 130 |