LOADING

169 Adelaide Street N London, Ontario N6B 3G9

3 Bedroom 6 Bathroom 2500
None Forced Air

$900,000

FULLY LEASED TURNKEY COMMERCIAL & RESIDENTIAL 6-PLEX with a 6+% CAP RATE! Current monthly income is $5,460 with an annual Net Operating Income (NOI) of $54,664.06. If you're looking to grow your investment portfolio, don't miss out on this one. Great commercial tenant in place with lease until 2024. Commercial tenant also occupies 2 other units in the building. Paved parking for 4 cars in the driveway and 2 more dedicated parking spots at the front of property. This property has 5 hydro meters with a full and clean unfinished basement with separate entrance. Add this money-maker to your portfolio today! (id:39551)

Property Details

MLS® Number 40259220
Property Type Multi-family
Amenities Near By Public Transit
Communication Type High Speed Internet
Community Features High Traffic Area
Features Corner Site
Parking Space Total 6

Building

Bathroom Total 6
Bedrooms Total 3
Basement Development Unfinished
Basement Type Full (unfinished)
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Brick
Fire Protection Smoke Detectors
Fireplace Present No
Foundation Type Unknown
Heating Type Forced Air
Stories Total 2
Size Interior 2500
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit
Sewer Municipal Sewage System
Size Depth 61 Ft
Size Frontage 48 Ft
Size Total Text Under 1/2 Acre
Zoning Description Ac4, Rs- 4

Utilities

Cable Available
Natural Gas Available

https://www.realtor.ca/real-estate/24401698/169-adelaide-street-n-london

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