163 Emerson Street London South, Ontario N5Z 3L5

4 Bedroom 3 Bathroom 1,100 - 1,500 sqft
Central Air Conditioning Forced Air

$574,000

Vacant and ready for immediate possession! The tenants have officially moved out, meaning you can close and move right in without waiting. This home is the absolute perfect opportunity for house hacking. If you choose to live in the smaller front unit and rent out the second unit, you could enjoy a net mortgage payment of just $1,180 per month with a minimal down payment of only 5.6%- less than rent!What truly sets this property apart is the complete separation between the units (each has it's own furnace, a/c, and water heater) and extensive sound insulation on the one shared wall. And, reduce your long-term maintenance costs with the extensive capital renovation completed in 2021. Updated with new:-exterior siding; -new decks for each unit, complete with natural gas BBQ connections and the BBQs included;-reworked plumbing and electrical, including a separate 2nd panel;-2x forced-air furnaces; -2x hot water heaters, - and every major appliance replaced (washers, dryers, fridges, stoves)Each unit is outfitted with its own full kitchen, over-the-range microwave, and in-suite washer and dryer. Don't miss out on this rare, worry-free opportunity to live affordably while building effortless equity. (id:15069)

Property Details

MLS® Number X13243428
Property Type Multi-family
Community Name South I
Parking Space Total 4

Building

Bathroom Total 3
Bedrooms Above Ground 2
Bedrooms Below Ground 2
Bedrooms Total 4
Age 51 To 99 Years
Appliances Water Heater, Dishwasher, Dryer, Microwave, Hood Fan, Two Stoves, Two Washers, Window Coverings, Two Refrigerators
Basement Development Partially Finished
Basement Type N/a (partially Finished)
Construction Style Split Level Backsplit
Cooling Type Central Air Conditioning
Exterior Finish Vinyl Siding
Fire Protection Smoke Detectors
Foundation Type Concrete, Block
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 1,100 - 1,500 Sqft
Type Duplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 158 Ft ,4 In
Size Frontage 39 Ft ,9 In
Size Irregular 39.8 X 158.4 Ft
Size Total Text 39.8 X 158.4 Ft
Zoning Description R2-3

https://www.realtor.ca/real-estate/29856645/163-emerson-street-london-south-south-i-south-i

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