Fully renovated licensed legal duplex located in desirable Woodfield steps to restaurants, parks, trails and walking distance to downtown London. multiple options available with both units currently vacant. This purpose-built duplex is a Landlords dream & is perfect for investors looking for a turnkey property with strong cash flow with a projected cap rate of over 8%. Separate heat, separate hydro and separate water meters! Each unit has their own laundry. Both units have 4 good sized bedrooms and a 4 piece bathroom, a large family room with gas fireplace and separate dining space as well as an eat in kitchen. 4\\6 parking spaces located on site. Both units are FULLY VACANT allowing the new Buyer to set their own rents Current market rents for EACH unit is $3200 plus utilities is easily attainable with its proximity to downtown and UWO & Fanshawe College. (id:47423)
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Detailed Information
Bedrooms
4+4
Bathrooms
2
Lot
45.25 x 94 ft
Amenities Nearby
Park, Place of Worship, Schools
Listing Contract Date
2024-07-23
Location Description
North on Adelaide towards Princess Ave, West of Adelaide St, South of Central Ave
# of Parking Spaces
4
Property Type
Single Family
Transaction Type
For sale
Zoning Description
R3-2
Building
Appliances
Dryer, Refrigerator, Two stoves, Two Washers
Cooling Type
Wall unit
Exterior Finish
Vinyl siding, Brick
Fireplace Present
Yes
# of Fireplaces
2
Foundation Type
Poured Concrete
Heating Fuel
Electric
Heating Type
Baseboard heaters
Stories Total
2
Type
Duplex
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Bedroom
Lower level
3.35 m x 2.95 m
Bedroom
Lower level
4.47 m x 3.02 m
Living room
Lower level
6.05 m x 6.81 m
Kitchen
Lower level
3.91 m x 3.3 m
Bedroom 5
Lower level
3.12 m x 3.18 m
Living room
Main level
6.07 m x 6.91 m
Kitchen
Main level
4.06 m x 3.3 m
Bedroom
Main level
3.15 m x 3.12 m
Bedroom 2
Main level
3.84 m x 3.84 m
Bedroom 3
Main level
4.45 m x 2.95 m
Bedroom 4
Main level
3.38 m x 3.1 m
Bathroom
Main level
4.06 m x 1.52 m
Land
Total Size
45.3 x 94 FT ; 94.24 x 45.41 ft x 94.23 ft x 45.41 ft | under 1/2 acre
Amenities
Park, Place of Worship, Schools
Sewer
Sanitary sewer
Size of Irregular Land
45.3 x 94 FT ; 94.24 x 45.41 ft x 94.23 ft x 45.41 ft
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