Prime Investment Opportunity in Old East London! Unlock the potential of this well-maintained investment property located in the vibrant heart of Old East London. This property is perfect for savvy investors looking to maximize their returns. It comes with great features including a fenced yard, ample parking for up to 4 cars in the back alley, and convenient on-site laundry. Each unit is fully equipped with fridges and stoves. Currently, the basement and top-floor units are vacant, presenting a fantastic opportunity to set your own rental rates or even explore short-term leasing options. This property offers immediate income from the main floor unit while still allowing room for future growth and customization. Don't miss your chance to capitalize on this promising investment in a thriving neighbourhood! (id:47423)
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Listed By
Chestnut Park Realty Southwestern Ontario Limited, Chestnut Park Realty Southwestern Ontario Ltd., Brokerage
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Detailed Information
Bedrooms
6
Bathrooms
3
Lot
36 x 120 ft
Amenities Nearby
Park, Place of Worship, Public Transit, Schools, Shopping
Equipment
Water Heater
Listing Contract Date
2024-11-25
Location Description
EAST OFF EGERTON
Ownership Type
Freehold
# of Parking Spaces
3
Property Type
Multi-family
Rental Equipment
Water Heater
Transaction Type
For sale
Zoning Description
R2-2
Building
Basement Development
Partially finished
Basement Type
Full (Partially finished)
Constructed Date
1946
Cooling Type
None
Exterior Finish
Vinyl siding
Foundation Type
Poured Concrete
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
1.5
Type
Triplex
Utility Water
Municipal water
Land
Total Size
under 1/2 acre
Amenities
Park, Place of Worship, Public Transit, Schools, Shopping
Fence Type
Fence
Sewer
Municipal sewage system
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