Attention Investors or any buyers looking to live-in with excellent Income. Core area beautifully maintained 5-plex - Always fully rented, tenants pay heat/hydro (separate meters). Handy garage/workshop for landlord storage at the rear of the building. Building consists of 2 x 2 bed unit, 2 x 1, and a bachelor. All tenants on month to month. This is a fantastic up and coming area located just steps to the BRT corridor. Can be sold together with 281 Hill st (large duplex). Current CAP is 6% with incredible growth potential. Great addition to your portfolio! Seller will consider a Vendor Take Back mortgage. Don't miss out! (id:62624)
| MLS® Number | X12928938 |
| Property Type | Multi-family |
| Community Name | East K |
| Equipment Type | Water Heater |
| Features | Flat Site |
| Parking Space Total | 5 |
| Rental Equipment Type | Water Heater |
| Bathroom Total | 5 |
| Bedrooms Above Ground | 7 |
| Bedrooms Total | 7 |
| Basement Development | Finished |
| Basement Type | N/a (finished) |
| Exterior Finish | Brick, Wood |
| Foundation Type | Block, Poured Concrete |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 3,000 - 3,500 Ft2 |
| Type | Other |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 101 Ft ,6 In |
| Size Frontage | 34 Ft ,2 In |
| Size Irregular | 34.2 X 101.5 Ft |
| Size Total Text | 34.2 X 101.5 Ft |
| Zoning Description | R3-1 |
| Cable | Installed |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/29525201/279-hill-street-london-east-east-k-east-k
Contact us for more information
Arthur Tkaczyk
Salesperson
(519) 673-3390
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