Description
Fantastic investment opportunity in the heart of London - All brick Duplex is currently being used as a Triplex - Annual income of +$60,000 delivering a +10% CAP RATE! The upper unit features 3 bedrooms and 1 bath, rented at $1,800/month to month plus hydro. The main floor 2-bedroom, 1-bath is rented for $1,750/month inclusive till August 30/26. The lower level offers a 2-bedroom, 1-bath unit currently rented at $1,550/month inclusive month to month. A great choice for first-time investors or those looking to expand their portfolio, don't miss out! Each unit has its own private entrance and in-suite laundry, plus there are two hydro meters, one furnace, ample rear parking, and a tankless water heater for added energy efficiency. Please note: listing photos were taken when units were vacant.
Overview
Property ID:
X12377252
Type:
Duplex
Bedrooms:
7
Bathrooms:
3
Square:
1,750 m²
Price:
$499,000
PropertyType:
Residential Freehold
TransactionType:
For Sale
BuildingAreaUnits:
Square Feet
Cooling:
Central Air
Heating:
Forced Air
ParkingFeatures:
None
YearBuilt:
Unknown
TaxAnnualAmount:
2180
PossessionDetails:
Unknown
Map
-
AddressLondon East
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