763 COLBORNE STREET, London, Ontario, N6A3Z8
Bathrooms3Bedrooms6
Property TypeSingle Family

Exciting Update on Rental Property! Achieving a 5.1% Cap Rate with Over $50,000 in Gross Income! Explore this property with an exceptionally deep lot, just moments away from Downtown, Western University, Fanshawe College, St. Joseph's Hospital, and numerous amenities. This two-story brick residence is fully occupied and ready for a new owner. It comprises lower, first, and second-floor units, each with its own entrance. The lower and first-floor units include utilities, while the second unit is separately metered for electricity. Additional revenue streams come from local businesses leasing parking spaces at the rear of the property. Don't miss out on this opportunity to own a slice of downtown London! Income and expense details are available upon request. This property is completely turnkey! (id:15069)


Details
Parking Spaces5TransactionFor sale
Zoning DescriptionR2-2
Building
Bedrooms Main level5Bedrooms Lower level1
Basement DevelopmentFinishedBasementFull (Finished)
Exterior FinishConcreteFoundationBlock
Bathrooms (Total)3Heating FuelNatural gas
HeatingForced airStoreys Total2
TypeTriplexUtility WaterMunicipal water
Land
Size Frontage31 ftSewerSanitary sewer
Size Depth251 ftSize Irregular31.99 x 251 FT

Listing Office: CENTURY 21 FIRST CANADIAN CORP

Data Provided by London and St. Thomas Association of REALTORS®

Last Modified :08/07/2024 09:31:58 PM

WalkScore
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