Prime Investment Opportunity in Blackfriars! Licensed triplex with excellent cash flow, pro forma available upon request. Prime rental location within walking distance to downtown, major transit routes, Western University, Fanshawe College, White Oaks and Masonville. . Situated on a massive lot (very rare in this area), this building is everything an investor should be looking for! Three nicely sized apartments: Unit 1 consists of 3+1 bedrooms, 1 bathroom, Unit 2 consists of 3 bedrooms, 1 bathroom, and Unit 3 consists of 3 bedrooms, 1 bathroom. There is an oversized 2 car garage that is rented as well. Two separate driveways offer ample parking (6 outdoor spaces, 2 garage spaces). Enjoy scenic trails and paths along the Thames River, London Major Ball Games, and festivals/entertainment events downtown. Oversize lot offers many options for renovations or additional development. Positive cash flow even with current interest rates- buy now and enjoy additional upside as rates decrease. (id:47423)
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Detailed Information
Bedrooms
9
Bathrooms
3
Lot
55.92 x 145 ft
Features
Carpet Free
Listing Contract Date
2024-09-03
Location Description
Chandler
# of Parking Spaces
8
Property Type
Single Family
Transaction Type
For sale
Zoning Description
R2
Building
Amenities
Separate Heating Controls, Separate Electricity Meters
Appliances
Water Heater - Tankless, Water meter, Furniture
Architectural Style
Bungalow
Basement Type
Partial
Cooling Type
Central air conditioning
Exterior Finish
Wood
Foundation Type
Block
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
1
Type
Triplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Detached Garage
Land
Total Size
55.97 x 145 FT
Sewer
Sanitary sewer
Size of Irregular Land
55.97 x 145 FT
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