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93 High Street Home For Sale London, Ontario N6C 4J8

X10408630

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0.482 ac
Hot Water Radiator Heat

$4,500,000

This well-maintained 25-unit multi-family, brick building is a fantastic addition to any real estate portfolio. Nestled in a beautiful and highly sought-after neighborhood, this property is not only a gem for its tenants but also offers strong returns for investors, with a cap rate of approximately 5.5%. Highlights include 25 all-inclusive units, making renting convenient and attractive for tenants. Ample on-site parking for tenants and visitors alike, a rare find in the area. New flat roof installed in 2019, minimizing future maintenance costs. Convenient coin laundry facilities within the building for added tenant convenience and landlord income. With its prime location, solid construction, and amenities, this building is a turnkey investment. Take advantage of the demand in this fantastic neighborhood and the ease of all-inclusive units. Three vacant units await your tenant selection. This is an opportunity that's both attractive and enduring. Don't miss out! (id:34792)

Property Details

MLS® Number X10408630
Property Type Multi-family
Community Name South F
Parking Space Total 30

Building

Heating Fuel Natural Gas
Heating Type Hot Water Radiator Heat
Size Interior 0.482 Ac
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Depth 291 Ft
Size Frontage 49 Ft ,8 In
Size Irregular 49.67 X 291 Ft
Size Total Text 49.67 X 291 Ft
Zoning Description R9-4

https://www.realtor.ca/real-estate/27619209/93-high-street-london-south-f

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