697 Hale Street London, Ontario N5W 1J1
$1,399,900
Investors take note! This is a rare opportunity to own Eight units,1 commercial & 7 residential units in the heart of London, Ontario. With a 5.7% CAP rate, this property has been well-maintained and boasts a strong rental history, making it a reliable source of income. With its desirable location and strong potential for future appreciation, this property is a smart investment choice with potential for further growth with any new turnovers. Roof shingles and baseboard heaters where replaced in 2015. Don't miss out on this opportunity - contact us today to schedule a viewing! (id:20872)
Property Details
| MLS® Number | 40446016 |
| Property Type | Multi-family |
| Amenities Near By | Park, Public Transit, Schools, Shopping |
| Communication Type | High Speed Internet |
| Equipment Type | None |
| Features | Crushed Stone Driveway |
| Parking Space Total | 10 |
| Rental Equipment Type | None |
Building
| Bathroom Total | 8 |
| Bedrooms Total | 6 |
| Basement Development | Partially Finished |
| Basement Type | Partial (partially Finished) |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Aluminum Siding |
| Fire Protection | Smoke Detectors |
| Foundation Type | Unknown |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 5871 |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Park, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Frontage | 75 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Asa4 As |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
https://www.realtor.ca/real-estate/25786500/697-hale-street-london
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July 26 2023 03:13:58
London and St. Thomas Association of REALTORS®
Streetcity Realty Inc., Brokerage