933 ELIAS Street, London, Ontario, N5W3P3
Property TypeMulti-familyBuilt 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, ShoppingCommunity FeaturesQuiet Area, Community Centre
OwnershipFreeholdParking Spaces8
StructureShed, PorchTransactionFor sale
Zoning DescriptionR3-2
Basement DevelopmentUnfinishedBasementPartial (Unfinished)
Constructed Date1912CoolingCentral air conditioning
Exterior FinishBrickFoundationBrick
Bathrooms (Total)4Heating FuelNatural gas
HeatingForced airSize Interior1469.0000
Storeys Total2TypeTriplex
Utility WaterMunicipal water
Size Frontage50 ftAmenitiesAirport, Hospital, Park, Playground, Public Transit, Schools, Shopping
SewerMunicipal sewage systemSize Depth132 ft


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

Last Modified :26/10/2023 09:40:14 AM

homes for sale london logo

View This Property

Fill out this form and we will schedule a showing.

    Powered by SoldPress.