532-538 Dundas Street London East, Ontario N6B 1W6

6,729 ft2
None Forced Air, Radiant Heat, Baseboard Heaters

$1,899,900

13 unit investment property across three buildings including a duplex, four unit building, and three storey seven unit building. Strong unit mix with 12 residential units and 1 commercial unit previously leased residentially. On site parking available with coin operated laundry in the fourplex and shared laundry in the duplex. Prime Dundas Street location near transit routes and major employers. Currently 11 of 13 units occupied at market rents. All units have been recently updated and the buildings have been well maintained. Projected gross income at full occupancy of $198,067.20 with projected NOI exceeding $125k. Professional property management currently in place and willing to remain, offering a largely hands off investment opportunity. (id:47351)

Property Details

MLS® Number X12894438
Property Type Multi-family
Community Name East F

Building

Cooling Type None
Heating Fuel Natural Gas
Heating Type Forced Air, Radiant Heat, Baseboard Heaters
Size Interior 6,729 Ft2
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Depth 102 Ft
Size Frontage 102 Ft
Size Irregular 102 X 102 Ft
Size Total Text 102 X 102 Ft
Zoning Description Bdc Or

https://www.realtor.ca/real-estate/29484327/532-538-dundas-street-london-east-east-f-east-f