144 WILLIAM Street, London, Ontario, N6B3B5
Bathrooms4 Bedrooms6
Property TypeMulti-family Lot Size0.13 acres
Building Area1286

FULLY UPDATED LEGAL NON-CONFORMING USE TURNKEY FOURPLEX - IDEAL FOR LOW STRESS INCOME PROPERTY FOR INVESTORS This hidden gem nestled away on a quiet side street in the gentrified hub of SOHO (South of Hamilton Road) boasts solid income on all four rented units. With this projected rent of the vacant unit factored in this property would have approximately a 5.8%+ Cap Rate at the Asking Price. This property has very high quality tenants that have been an added blessing to this cash flowing asset. All of the units were renovated with new furnace, hot water heaters, roof, windows, flooring, kitchens, washroom upgrades, new trim and millwork, stucco, interior and exterior paint and other recent upgrades since ownership. In behind this property is a spacious inclose back yard and parking. In this best way this property feels private and disconnected and would make a great option for the new owner to live in the vacant two bedroom unit. This property has operated as a legal non-conforming use fourplex going back past the early 90s (potentially and likely longer). (id:15069)

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Amenities NearbyPark, Place of Worship, Public Transit, Schools, Shopping CommunicationHigh Speed Internet
Community FeaturesSchool Bus FeaturesCrushed stone driveway
OwnershipFreehold Parking Spaces4
TransactionFor sale Zoning DescriptionR2-2
Basement DevelopmentFinished BasementFull (Finished)
Construction Style AttachmentDetached CoolingCentral air conditioning
Exterior FinishBrick, Stucco FoundationBrick
Bathrooms (Total)4 Heating FuelNatural gas
HeatingForced air Size Interior1286.0000
Storeys Total1 TypeFourplex
Utility WaterMunicipal water
Size Total0.127 ac|under 1/2 acre Size Frontage55 ft
Access TypeRoad access AmenitiesPark, Place of Worship, Public Transit, Schools, Shopping
SewerMunicipal sewage system Size Depth99 ft
Size Irregular0.127


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

Last Modified :31/08/2023 02:31:32 PM

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