368-370 Calgary Street London, Ontario N5W 4X5
$1,100,000
Calling all investors! You can't miss this rare opportunity to own 3 separate buildings on 2 parcels of land, 8 units in total. Potential to create a 9th studio/bachelor unit in the current storage room. Close to Fanshawe College, Argyle Mall and quick access to the 401 highway making these units attractive to a wide demographic. Many long-term quiet tenants. Huge parking lot enough to accommodate all tenants with room for visitors. Two of the 8 units have been recently renovated. Several additional updates including roofs & boilers. $76,000 current rental income. Potential income as much as $122,000. SELLER WILLING TO ENTERTAIN VTB!! (id:20872)
Property Details
| MLS® Number | 40320351 |
| Property Type | Multi-family |
| Amenities Near By | Park, Place Of Worship, Public Transit, Schools, Shopping |
| Equipment Type | None |
| Features | Park/reserve, Laundry- Coin Operated |
| Parking Space Total | 12 |
| Rental Equipment Type | None |
Building
| Bedrooms Total | 16 |
| Basement Type | None |
| Cooling Type | None |
| Exterior Finish | Brick, Stone, Vinyl Siding |
| Fire Protection | Smoke Detectors |
| Heating Type | Boiler, Forced Air |
| Stories Total | 2 |
| Utility Water | Municipal Water |
Parking
| Visitor Parking |
Land
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Park, Place Of Worship, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 115 Ft |
| Size Frontage | 125 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R2-3 |
https://www.realtor.ca/real-estate/24888182/368-370-calgary-street-london
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January 09 2023 02:40:06
London and St. Thomas Association of REALTORS®
Blue Forest Realty Inc.