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