235 HAMILTON ROAD London

235 HAMILTON ROAD, London, Ontario

$999,800

  • 11 Beds
  • 6 Baths

MONEY MAKER! Legal Five-Unit Property FULLY LEASED! Consisting Of Four Two-Bedroom Units And One Large Three-Bedroom Unit. Each Unit Has One Bath, Kitchen, And Its Own Private Laundry. Meticulously Updated. All Units Are Large In Size And Each Has Its Own Hydro Meter And Separate Entrance. Located In An Excellent Rental Area. Annual Income Projected At $95,340 Per Year. Unit #1 Rented At $1,550 + Hydro, Unit #2 Rented At $1,500 + Hydro, Unit #3 Rented At $1,300 + Hydro, Unit #4 Rented At $1,600 + Hydro, Unit #5 Rented At $1,900 + Hydro. Cap Rate Of 6.9%. An Amazing Investment Opportunity With All Units Currently Tenanted At Market Rents. Annual Income $94,200. The Buyer And The Buyer's Agent Are Responsible For Verifying All Income And Expenses. (id:23309)

  • Listing ID: X9240694
  • Property Type: Multi-family

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Details

  • Equipment: Water Heater
  • Rental Equipment: Water Heater
  • Transaction: For sale
  • Zoning Description: BDC(35) H13

Building

  • BasementType: Partial
  • Bedrooms Main Level: 8
  • Bedrooms Lower Level: 3
  • Exterior Finish: Brick, Vinyl siding
  • Fireplace Present: False
  • Foundation: Unknown
  • Bathrooms (Total): 6
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 2999.975 - 3499.9705 sqft
  • Stories Total: 2
  • Type: Other
  • Utility Water: Municipal water

Land

  • Sewer: Sanitary sewer
  • Size Frontage: 39 ft ,3 in
  • Size Irregular: 39.3 x 108.3 FT ; 129.91ft x 32.00ft x 108.26ft x 39.94ft
MLS®

Listing provided by ROCK STAR REAL ESTATE INC.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 235 HAMILTON ROAD in London Ontario. It was last modified on August 6th, 2024. Contact the Bird House Real Estate to schedule a viewing or to discover other London real estate for sale.

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