OWNER Must Sell! The current owner has taken this property as far as they can and has architectural plans available to show exactly how to increase income, creating a prime opportunity for the next investor. This fully leased 4-unit income property with 5 parking spots is currently generating $5,350/month in rent plus an additional $100/month from parking. With five on-site parking spaces, this property brings in extra income, adding to its strong cash flow potential. Featuring a spacious 2-bedroom unit, two bachelor apartments, and a 1-bedroom unit, this property offers immediate returns with strong rental demand. With recent upgrades already boosting value, the next owner can capitalize on pre-planned opportunities for higher returns, and the seller is available to discuss whats needed to unlock the full potential of this investment. Located in a thriving area with easy access to parks, schools, shopping, and public transit, this property is well-positioned for long-term growth and tenant demand. Income details, lease agreements, and upgrade lists are available upon request. Don't miss out on this rare opportunity. Reach out today! (id:13843)
MLS # | X12034414 |
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Listing Type | For Sale |
Style | Town House |
Status | Active |
Days On Site | 115 |
Listing Provided By | CENTURY 21 FIRST CANADIAN CORP | KEN SMALL |
Bed(s) | 5 |
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Bath(s) | 4 Total |
Basement | Y |
Story(s) | 2 |
Zoning | BDC(36), H13 |
Property | 5695 |
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Province | ON |
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City | London East (East L) |
Postal Code | N5Z1S2 |