1559 Allen Place London, Ontario N5W 2V9
$1,250,000
Presenting a remarkable chance for savvy investors: this purpose-built 6-plex offers not only immediate returns but also substantial potential for growth. Comprising of 5 spacious three-bedroom units, and 1 One-Bedroom Unit; each thoughtfully designed for comfortable living, this property stands as a solid addition to your investment portfolio. What truly distinguishes this opportunity is the untapped potential it holds. At the close of this month, two of the six units will become vacant, opening doors for strategic renovations or rent adjustments, further elevating your rental income. Strategically located in a prime area of London, this 6-plex enjoys proximity to a wealth of amenities, educational institutions, and recreational parks, making it incredibly appealing to tenants seeking convenience and quality living. Seize this chance to unlock the full potential of this promising real estate investment. (id:51356)
Property Details
| MLS® Number | 40484330 |
| Property Type | Multi-family |
| Amenities Near By | Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Community Features | Community Centre, School Bus |
| Features | Cul-de-sac |
| Parking Space Total | 10 |
Building
| Bathroom Total | 6 |
| Bedrooms Total | 16 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1960 |
| Cooling Type | None |
| Exterior Finish | Brick |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Stories Total | 2 |
| Size Interior | 4150 |
| Utility Water | Municipal Water |
Parking
| Visitor Parking |
Land
| Acreage | No |
| Land Amenities | Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Frontage | 85 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R8-1 |
https://www.realtor.ca/real-estate/26073590/1559-allen-place-london
Interested?
Contact us for more information
Justin Konikow
Salesperson
www.theclosers.ca
www.facebook.com/theClosersRealty
ca.linkedin.com/pub/justin-konikow-real-estate/27/a61/20a
twitter.com/theclosersteam
302-200 Villagewalk Boulevard
London, Ontario N5X 0A6
(519) 473-9992
www.primebrokerage.ca
Kyle Henry
Salesperson
302-200 Villagewalk Boulevard
London, Ontario N5X 0A6
(519) 473-9992
www.primebrokerage.ca
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
September 19 2023 03:40:23
London and St. Thomas Association of REALTORS®
Prime Real Estate Brokerage
