697 Hale Street London, Ontario N5W 1J1

6 Bedroom 8 Bathroom 5871
None Baseboard Heaters


ATTENTION INVESTORS: Looking for CASH FLOW? Look no further! Turn-key 8plex plus basement is a great addition to any investor’s portfolio. This building has 2 Bachelor, 3 one bedroom and 2 two bedroom plus a pizza store plus a basement storage unit. BIG capital upgrades have been taken care of in the past 12 months. Few new vinyl windows, complete renovation (new flooring, paint, doors, kitchens, bathrooms, & appliances)for 3 units. Current annual income of $103,897.20. Current annual expenses $13,478.75 (includes Hydro, water, taxes, insurance & garbage). Seven Tenants pay their own hydro. Plenty of parking in the back of the building for all 9 tenants. Potential annual income after changing older tenants is $149,400.00. (id:46638)

Property Details

MLS® Number 40501927
Property Type Multi-family
Amenities Near By Park, Public Transit, Schools, Shopping
Features Crushed Stone Driveway
Parking Space Total 10


Bathroom Total 8
Bedrooms Total 6
Basement Development Partially Finished
Basement Type Partial (partially Finished)
Cooling Type None
Exterior Finish Aluminum Siding
Heating Type Baseboard Heaters
Stories Total 2
Size Interior 5871


Access Type Road Access
Acreage No
Land Amenities Park, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Frontage 75 Ft
Size Total Text Under 1/2 Acre
Zoning Description Asa4 As



Contact us for more information

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Streetcity Realty Inc., Brokerage
519 York Street
London, Ontario N6B 1R4

(519) 649-6900
(519) 649-6933