70 CENTRE Street, London, Ontario, N6J1T5
Outstanding opportunity here on this renovated 3 unit (duplex with additional lower level unit) grossing approximately $50,000 and netting approximately $40,000 annually in an excellent south London location with a beautiful lot backing onto Euston Park. Upper 1 bedroom currently vacant was last rented at $1300 monthly, main floor 2 bedroom rented at $1600 month to month and basement unit rented at $1200 month. All rents are all inclusive-owner pays all utilities. Very good units here with newer baths, newer white kitchens with quartz counters and excellent layout/floor plans. Basement common area has washer/dryer for tenants. Owner has indicated solar panels are owned but currently disconnected and that reconnection with London Hydro with potential to recapture & reduce electricity costs (approx. $2,000 to reconnect). (id:2471)
- Property Address: 70 CENTRE Street, London, Ontario, N6J1T5
- Property Type: Multi-family
- Zoning Description: R2-3/R9-7*H50
- Title: Freehold
- Acreage: under 1/2 acre
- Sewage Type: Municipal sewage system
- Water Type: Municipal water
- Amenities Nearby: Park, Public Transit, Schools, Shopping
- Structure Style: Duplex
- Style: Detached
- Storeys: 1.5
- Floor Space: 1242
- Building Age: 1951
- Bedrooms: 4
- Bathrooms: 3-Total
- Basement Type: Full (Finished)
- Heating Type: Natural gas, Forced air
- Cooling: Central air conditioning
- Exterior Type: Aluminum siding
- Foundation Type: Block
- Sump Pump
- Quiet Area
Listing Office: RE/MAX CENTRE CITY REALTY INC., BROKERAGE
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