LOADING

670 Lorne Avenue London, Ontario N5W 3K5

5 Bedroom 4 Bathroom 1837
Central Air Conditioning

$585,000

Amazing triplex in the heart of Old East Village with vacant possession of unit 3 (bachelor) and unit 2 (3 bed + den). This great investment opportunity offers tons of parking, fenced backyard, a detached garage, separate hydro/gas meters, separate entrances to each of the units and parking on two sides of the property. Other features include a newer roof, three owned hot water tanks and each of the units are separately metered for gas and hydro. Landlord only pays water! Unit 1 is a 2 bedroom and pays $1214.40 monthly and has its own washer and dryer. Unit 2 is a three bedroom + den that pays 1600 monthly and will be vacant as of February 28. Unit 3 is a bachelor that pays $809.60 monthly. None of the units are in a basement. Basement is accessed through unit 2. The landlord would be willing to rent the garage at $250/monthly, creating more income opportunities for the new buyer. This property is a great addition to your existing portfolio or for someone looking to purchase their first investment property. Virtual tours available. Don't wait; check out this amazing opportunity today! (id:39551)

Property Details

MLS® Number 40345295
Property Type Multi-family
Amenities Near By Park, Place Of Worship, Playground, Public Transit, Schools
Community Features School Bus
Equipment Type None
Features Park/reserve
Parking Space Total 7
Rental Equipment Type None

Building

Bathroom Total 4
Bedrooms Total 5
Basement Development Unfinished
Basement Type Partial (unfinished)
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Vinyl Siding
Fire Protection Smoke Detectors
Fireplace Present No
Foundation Type Brick
Heating Fuel Natural Gas
Stories Total 2
Size Interior 1837
Type Triplex
Utility Water Municipal Water

Parking

Detached Garage

Land

Acreage No
Land Amenities Park, Place Of Worship, Playground, Public Transit, Schools
Sewer Municipal Sewage System
Size Depth 90 Ft
Size Frontage 55 Ft
Size Total Text Under 1/2 Acre
Zoning Description R3-2

https://www.realtor.ca/real-estate/25036470/670-lorne-avenue-london

Interested?

Contact us for more information


Generating Captcha

Your Favourites

 

No Favourites Found