| Bathrooms4 | Bedrooms5 |
| Property TypeMulti-family | Built in1912 |
| Building Area1469 |
Attention investors and house-hackers! An excellent turn-key opportunity with this triplex in Old East Village. With the front unit owner-occupied and the other two units rented to A++ tenants, there's an immediate income potential of over $50, 000. At market value rent the fully rented potential income increases to over $58, 000! Each fully-contained unit has its own entrance, with every unit containing it's own appliances, including a washer, dryer, dishwasher, and microwave. No shared spaces and all units are above-grade. Unit 1 (front) - 1 bedroom, 1 bathroom currently owner occupied and vacant upon close. Unit 2 (back) - 2 bedrooms, 1.5 bathrooms rented at $1565 per month (as of January 2024). Unit 3 (upper) - 2 bedrooms, 1 bathroom rented at $1375 per month (as of January 2024). One of the largest residential lots on Elias, boasting up to 8 parking spots. Located close to transit and in the desirable Old East Village. Right next door to the Western Fairgrounds and close to fun at The Factory. Easy transit to downtown, 401, Fanshawe, and Western. A great investment, whether a savvy investor or someone looking to house-hack to get into the market, it's an opportunity you don't want to miss! (id:15069) |
| Amenities NearbyAirport, Hospital, Park, Playground, Public Transit, Schools, Shopping | Community FeaturesQuiet Area, Community Centre |
| OwnershipFreehold | Parking Spaces8 |
| StructureShed, Porch | TransactionFor sale |
| Zoning DescriptionR3-2 |
| Basement DevelopmentUnfinished | BasementPartial (Unfinished) |
| Constructed Date1912 | CoolingCentral air conditioning |
| Exterior FinishBrick | FoundationBrick |
| Bathrooms (Total)4 | Heating FuelNatural gas |
| HeatingForced air | Size Interior1469.0000 |
| Storeys Total2 | TypeTriplex |
| Utility WaterMunicipal water |
| Size Frontage50 ft | AmenitiesAirport, Hospital, Park, Playground, Public Transit, Schools, Shopping |
| SewerMunicipal sewage system | Size Depth132 ft |
Listing Office: EXP REALTY, BROKERAGE
Data Provided by London and St. Thomas Association of REALTORS®
Last Modified :26/10/2023 09:40:14 AM
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