697 Hale Street London, Ontario N5W 1J1
$1,349,900
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 |
Building
| 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 |
Land
| 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 |
https://www.realtor.ca/real-estate/26190967/697-hale-street-london
Interested?
Contact us for more information
519 York Street
London, Ontario N6B 1R4
(519) 649-6900
(519) 649-6933
www.streetcityrealty.com
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October 19 2023 09:51:54
London and St. Thomas Association of REALTORS®
Streetcity Realty Inc., Brokerage