120 Adelaide Street N London, Ontario N6B 3G8
$624,900
Investors! Excellent opportunity in this legal non-conforming triplex! Fully rented to *excellent tenants* with opportunity for growth with potential to add an additional unit under new bylaws and/or garage rental income. All separately metered and seperate entrances to each unit. Unit A - 2 bedrooms, 1 bathroom rented at $1115/monthly + personal hydro. Unit B 2+1 bedrooms, 1 bathroom rented at $1570/monthly + personal hydro. Unit C - 1 bedroom, 1 bathroom rented at $637/monthly + personal hydro. Boiler system heats units A & B - serviced in 2023. Unit C heated via electric heating. Landlord pays gas and water. Current rental license. Previous fire inspection. No shortage of parking. Located close to transit. A solid investment property with room to grow! (id:46638)
Property Details
| MLS® Number | 40504635 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Community Features | Community Centre, School Bus |
| Equipment Type | Water Heater |
| Features | Paved Driveway |
| Parking Space Total | 5 |
| Rental Equipment Type | Water Heater |
| Structure | Shed |
Building
| Bathroom Total | 1 |
| Bedrooms Total | 6 |
| Basement Development | Partially Finished |
| Basement Type | Partial (partially Finished) |
| Constructed Date | 1867 |
| Exterior Finish | Brick, Vinyl Siding |
| Foundation Type | Poured Concrete |
| Heating Fuel | Electric |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Size Interior | 2060 |
| Type | Triplex |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access |
| Acreage | No |
| Fence Type | Partially Fenced |
| Land Amenities | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 153 Ft |
| Size Frontage | 44 Ft |
| Size Irregular | 0.155 |
| Size Total | 0.155 Ac|under 1/2 Acre |
| Size Total Text | 0.155 Ac|under 1/2 Acre |
| Zoning Description | R2-2 |
https://www.realtor.ca/real-estate/26210465/120-adelaide-street-n-london
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Contact us for more information
450 Sherene Terrace
London, Ontario N6J 3J3
(519) 488-5470
(519) 900-0462
450 Sherene Terrace
London, Ontario N6J 3J3
(519) 488-5470
(519) 900-0462
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
October 25 2023 03:40:24
London and St. Thomas Association of REALTORS®
Maverick Real Estate Inc., Brokerage