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1567 Allen Place London, Ontario N5W 2V9

6 Bathroom 4900 sqft
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 X9305237
Property Type Multi-family
Community Name East E
ParkingSpaceTotal 10

Building

BathroomTotal 6
HeatingType Radiant Heat
SizeExterior 4900 Sqft
SizeInterior 4900 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 150 Ft
SizeFrontage 75 Ft
SizeIrregular Bldg=75 X 150 Ft
SizeTotalText Bldg=75 X 150 Ft
ZoningDescription R8-1

https://www.realtor.ca/real-estate/27380047/1567-allen-place-london-east-e

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