Attention investors, $107,000 NET annual income! Like new quality built 4 storey building. First floor consists of 4 bedrooms, 1 kitchen and 1 bathroom, as well as a common coin operated laundry room for the building. Second floor consists of 8 bedrooms, 1 kitchen and 4 bathrooms. Third level consists of 8 bedrooms, 1 kitchen and 4 bathrooms. Fourth floor consists of 4 bedrooms, 1 bathroom. On bus route. Quick bike ride/drive downtown. Current zoning is R3. Approximate cap rate of 6.5% (id:4069)
| Address |
5 FRONT Street |
| List Price |
$1,649,900 |
| Property Type |
Multi-family |
| Type of Dwelling |
Duplex |
| Area |
Ontario |
| Sub-Area |
London |
| Bedrooms |
24 |
| Bathrooms |
10 |
| Floor Area |
6,300 Sq. Ft. |
| MLS® Number |
40291744 |
| Listing Brokerage |
ROYAL LEPAGE TRILAND REALTY
|
| Basement Area |
None |
| Postal Code |
N6C1K4 |
| Zoning |
R3-2(8) |
| Features |
Laundry- Coin operated |
