22 PALACE STREET, London, Ontario, N6B3A6
Bathrooms2Bedrooms8
Property TypeSingle Family

Fully renovated licensed legal duplex located in desirable Woodfield steps to restaurants, parks, trails and walking distance to downtown London. multiple options available with both units currently vacant. This purpose-built duplex is a Landlords dream & is perfect for investors looking for a turnkey property with strong cash flow with a projected cap rate of over 8%. Separate heat, separate hydro and separate water meters! Each unit has their own laundry. Both units have 4 good sized bedrooms and a 4 piece bathroom, a large family room with gas fireplace and separate dining space as well as an eat in kitchen. 4\\6 parking spaces located on site. Both units are FULLY VACANT allowing the new Buyer to set their own rents Current market rents for EACH unit is $3200 plus utilities is easily attainable with its proximity to downtown and UWO & Fanshawe College. (id:15069)


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Details
Amenities NearbyPark, Place of Worship, SchoolsParking Spaces4
TransactionFor saleZoning DescriptionR3-2
Building
Bedrooms Main level4Bedrooms Lower level4
AppliancesDryer, Refrigerator, Two stoves, Two WashersCoolingWall unit
Exterior FinishVinyl siding, BrickFireplace PresentYes
Fireplace Total2FoundationPoured Concrete
Bathrooms (Total)2Heating FuelElectric
HeatingBaseboard heatersStoreys Total2
TypeDuplexUtility WaterMunicipal water
Land
Size Frontage45 ftAmenitiesPark, Place of Worship, Schools
SewerSanitary sewerSize Depth94 ft
Size Irregular45.25 x 94 FT ; 94.24 x 45.41 ft x 94.23 ft x 45.41 ft
Level Type Dimensions
Lower levelBedroom3.35 m x 2.95 m
Lower levelBedroom4.47 m x 3.02 m
Lower levelLiving room6.05 m x 6.81 m
Lower levelKitchen3.91 m x 3.3 m
Lower levelBedroom 53.12 m x 3.18 m
Main levelLiving room6.07 m x 6.91 m
Main levelKitchen4.06 m x 3.3 m
Main levelBedroom3.15 m x 3.12 m
Main levelBedroom 23.84 m x 3.84 m
Main levelBedroom 34.45 m x 2.95 m
Main levelBedroom 43.38 m x 3.1 m
Main levelBathroom4.06 m x 1.52 m

Listing Office: COLDWELL BANKER POWER REALTY

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

Last Modified :02/08/2024 03:21:49 PM

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