697 HALE Street, London, Ontario, N5W1J1
Bathrooms8Bedrooms6
Property TypeMulti-familyBuilding Area5871

ATTENTION INVESTORS: Looking for CASH FLOW? Look no further! Turn-key 8plex plus basement is a great addition to any investor’s portfolio. This building has 2 Bachelor, 3 one bedroom and 2 two bedroom plus a pizza store plus a basement storage unit. BIG capital upgrades have been taken care of in the past 12 months. Few new vinyl windows, complete renovation (new flooring, paint, doors, kitchens, bathrooms, & appliances)for 3 units. Current annual income of $103,897.20. Current annual expenses $13,478.75 (includes Hydro, water, taxes, insurance & garbage). Seven Tenants pay their own hydro. Plenty of parking in the back of the building for all 9 tenants. Potential annual income after changing older tenants is $149,400.00. (id:15069)


Details
Amenities NearbyPark, Public Transit, Schools, ShoppingFeaturesCrushed stone driveway
OwnershipFreeholdParking Spaces10
TransactionFor saleZoning DescriptionASA4 AS
Building
Basement DevelopmentPartially finishedBasementPartial (Partially finished)
CoolingNoneExterior FinishAluminum siding
Bathrooms (Total)8HeatingBaseboard heaters
Size Interior5871.0000Storeys Total2
Land
Size Frontage75 ftAccess TypeRoad access
AmenitiesPark, Public Transit, Schools, ShoppingSewerMunicipal sewage system

Listing Office: STREETCITY REALTY INC., BROKERAGE

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

Last Modified :19/10/2023 04:51:54 PM

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