764 King Street London, Ontario N5W 2X4

3 Bedroom 2 Bathroom
Fireplace Central Air Conditioning Forced Air

$499,900

Great property to add to your investment portfolio. Fully leased until Feb 28, 2025. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is currently tenanted with rent coming in at $2800 per month plus utilities. Leased until Feb 28th and the tenants would like to stay. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. The input of our tax dollars has improved the area and curb appeal. The 6.2 % cap rate makes this a money maker for any investor. Please allow 24 hours notice on all showings for tenants. (id:46638)

Property Details

MLS® Number X10412015
Property Type Single Family
Community Name East L
Equipment Type Water Heater
Parking Space Total 3
Rental Equipment Type Water Heater

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Total 3
Amenities Fireplace(s)
Appliances Water Heater, Water Purifier
Basement Development Partially Finished
Basement Type Full (partially Finished)
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Brick
Fireplace Present Yes
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type House
Utility Water Municipal Water

Parking

Detached Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 164 Ft
Size Frontage 33 Ft
Size Irregular 33 X 164 Ft
Size Total Text 33 X 164 Ft

Rooms

Level Type Dimensions
Second Level Bedroom 4.3 m x 2.7 m
Second Level Bedroom 3.8 m x 3 m
Second Level Bedroom 3.2 m x 2.4 m
Basement Recreational, Games Room 5.4 m x 3.2 m
Basement Laundry Room 5 m x 2 m
Ground Level Kitchen 3.5 m x 2.8 m
Ground Level Dining Room 4.1 m x 3.1 m
Ground Level Living Room 3.7 m x 3.7 m

https://www.realtor.ca/real-estate/27626560/764-king-street-london-east-l

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Initia Real Estate (Ontario) Ltd

(548) 866-0339