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1559 Allen Place London, Ontario N5W 2V9

16 Bedroom 6 Bathroom 4150
None

$1,250,000

Presenting a remarkable chance for savvy investors: this purpose-built 6-plex offers not only immediate returns but also substantial potential for growth. Comprising of 5 spacious three-bedroom units, and 1 One-Bedroom Unit; each thoughtfully designed for comfortable living, this property stands as a solid addition to your investment portfolio. What truly distinguishes this opportunity is the untapped potential it holds. At the close of this month, two of the six units will become vacant, opening doors for strategic renovations or rent adjustments, further elevating your rental income. Strategically located in a prime area of London, this 6-plex enjoys proximity to a wealth of amenities, educational institutions, and recreational parks, making it incredibly appealing to tenants seeking convenience and quality living. Seize this chance to unlock the full potential of this promising real estate investment. (id:46638)

Property Details

MLS® Number 40484330
Property Type Multi-family
Amenities Near By Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Community Features Community Centre, School Bus
Features Cul-de-sac
Parking Space Total 10

Building

Bathroom Total 6
Bedrooms Total 16
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1960
Cooling Type None
Exterior Finish Brick
Foundation Type Block
Heating Fuel Natural Gas
Stories Total 2
Size Interior 4150
Utility Water Municipal Water

Parking

Visitor Parking

Land

Acreage No
Land Amenities Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Frontage 85 Ft
Size Total Text Under 1/2 Acre
Zoning Description R8-1

https://www.realtor.ca/real-estate/26073590/1559-allen-place-london

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Prime Real Estate Brokerage
302-200 Villagewalk Boulevard
London, Ontario N5X 0A6

(519) 473-9992
www.primebrokerage.ca

Prime Real Estate Brokerage
302-200 Villagewalk Boulevard
London, Ontario N5X 0A6

(519) 473-9992
www.primebrokerage.ca