1 High Street London, Ontario N6C 4J5
$1,799,000
An investment with a great view! Tenants love the location (central to bus routes and downtown), immense green space, large parking lot, and the scenic view of the Thames River! The property consists of 10-units divided between two buildings (one 6-unit building and one 4-unit building); in total there is one bachelor unit, five 1-bedroom 1-bathroom units, three 2-bedroom 1-bathroom units and one 2-bedroom 1.5-bathrooms unit. All tenants pay promptly the first of every month and laundry machines are owned. The hallways in both buildings were recently given a fresh coat of paint, and unit three in both buildings received minor facelifts with updated ceiling and wall paint. Plenty of opportunity to add value with some units paying below market rent and having their hydro inclusive (all units separately metered). Don’t miss a great opportunity to invest in London! (id:20872)
Property Details
| MLS® Number | 40433892 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Public Transit, Shopping |
| Equipment Type | Water Heater |
| Features | Paved Driveway, Laundry- Coin Operated |
| Parking Space Total | 20 |
| Rental Equipment Type | Water Heater |
| Structure | Shed |
| Water Front Name | Thames River (rivière Thames) |
| Water Front Type | Waterfront On River |
Building
| Bedrooms Total | 12 |
| Basement Type | None |
| Constructed Date | 1926 |
| Construction Style Attachment | Attached |
| Cooling Type | None |
| Exterior Finish | Brick, Stucco |
| Fire Protection | Smoke Detectors |
| Foundation Type | Brick |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 17000 |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Hospital, Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| Size Frontage | 79 Ft |
| Size Total Text | Under 1/2 Acre |
| Surface Water | River/stream |
| Zoning Description | Os4 |
Utilities
| Electricity | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/25690701/1-high-street-london
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July 26 2023 03:16:12
London and St. Thomas Association of REALTORS®
Blue Forest Realty Inc.