Matthew Tenk
Broker of Record
93 High Street London, Ontario N6C 4J8
$4,500,000
This well-maintained 25-unit multi-family, brick building is a fantastic addition to any real estate portfolio. Nestled in a beautiful and highly sought-after neighborhood, this property is not only a gem for its tenants but also offers strong returns for investors, with a cap rate of approximately 5.5%. Highlights include 25 all-inclusive units, making renting convenient and attractive for tenants. Ample on-site parking for tenants and visitors alike, a rare find in the area. New flat roof installed in 2019, minimizing future maintenance costs. Convenient coin laundry facilities within the building for added tenant convenience and landlord income. With its prime location, solid construction, and amenities, this building is a turnkey investment. Take advantage of the demand in this fantastic neighborhood and the ease of all-inclusive units. Three vacant units await your tenant selection. This is an opportunity that's both attractive and enduring. Don't miss out! (id:39551)
Property Details
| MLS® Number | X10408524 |
| Property Type | Multi-family |
| Community Name | South F |
| Features | Sump Pump |
| Parking Space Total | 25 |
Building
| Bathroom Total | 25 |
| Appliances | Intercom, Water Heater |
| Exterior Finish | Brick |
| Fireplace Present | No |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat |
| Type | Other |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 291 Ft |
| Size Frontage | 49 Ft ,8 In |
| Size Irregular | 49.67 X 291 Ft ; 148.09x93.24x291.53x49.67x145.27x42.07 |
| Size Total Text | 49.67 X 291 Ft ; 148.09x93.24x291.53x49.67x145.27x42.07 |
| Zoning Description | R9-4 |
https://www.realtor.ca/real-estate/27618906/93-high-street-london-south-f
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London and St. Thomas Association of REALTORS®
Thrive Realty Group Inc.
November 06 2024 07:42:53
