1567 Allen Place London, Ontario N5W 2V9

6 Bathroom 3,500 - 5,000 ft2
Radiant Heat

$1,599,900

VERY SOLID 6 UNIT BUILDING CLOSE TO FANSHAWE COLLEGE AND ALL AMENITIES. 4 X 3 BEDROOM UNITS AND 2 X 1 BEDROOM UNITS. THERE IS ALSO AN ADDITIONAL SPACE IN THE LOWER LEVEL COULD EASILY BE USED AS AN APARTMENT(CURRENTLY JUST STORAGE FOR THE OWNER) COIN LAUNDRY ON SITE. STORAGE LOCKERS AVAILABLE FOR EACH UNIT. TONS OF PARKING IN THE REAR AND BUS ROUTES VERY VERY CLOSE BY. THIS IS A TURN KEY INVESTMENT OPPORTUNITY AND CREATES FANTASTIC INCOME. 2023 NUMBERS AS FOLLOWS...Total rental income 130425.03 Laundry income 1000 Property taxes 6721 Insurance 4223 Gas 6758 Hydro 8235. THE LOCATION MAKES THESE UNITS SO EASY TO RENT. DONT MISS IT. (id:46638)

Property Details

MLS® Number X9305233
Property Type Multi-family
Community Name East E
Parking Space Total 10

Building

Bathroom Total 6
Amenities Separate Electricity Meters
Exterior Finish Brick
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Radiant Heat
Stories Total 3
Size Interior 3,500 - 5,000 Ft2
Type Other
Utility Water Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 150 Ft
Size Frontage 75 Ft
Size Irregular 75 X 150 Ft
Size Total Text 75 X 150 Ft

https://www.realtor.ca/real-estate/27380046/1567-allen-place-london-east-e

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Century 21 First Canadian Corp

(519) 673-3390