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37 Elmwood Place London, Ontario N6J 1J3

5 Bedroom 2 Bathroom 1398
None Baseboard Heaters, Hot Water Radiator Heat

$599,900

3 nicely updated units, potential revenue of $55,200.00 per year. estimated 2 bedroom basement unit at $1400 per month, 2 bedroom main floor unit at $1690 per month, $1500 per month for the upper 1 bedroom unit. with a 6.8% cap rate, this makes for a solid good quality investment. some updated windows, shingles replaced 2021. upper unit vacant, 2 seperate hydro metres, flexible closing date. please allow 24 hours notice for showings. (id:51356)

Property Details

MLS® Number 40411302
Property Type Multi-family
Amenities Near By Public Transit, Schools
Equipment Type Water Heater
Rental Equipment Type Water Heater
Structure Porch

Building

Bathroom Total 2
Bedrooms Total 5
Appliances Microwave
Basement Development Finished
Basement Type Full (finished)
Construction Style Attachment Attached
Cooling Type None
Exterior Finish Brick
Fire Protection None
Heating Fuel Electric, Natural Gas
Heating Type Baseboard Heaters, Hot Water Radiator Heat
Stories Total 2
Size Interior 1398
Type Duplex
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit, Schools
Sewer Municipal Sewage System
Size Depth 79 Ft
Size Frontage 31 Ft
Size Total Text Under 1/2 Acre
Zoning Description R1-4

https://www.realtor.ca/real-estate/25520785/37-elmwood-place-london

Interested?

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Sean Monteith
Salesperson

(519) 438-5478
(519) 438-7355

Nu-Vista Premiere Realty Inc., Brokerage
805 Adelaide Street North
London, Ontario N5Y 2L8

(519) 438-5478
(519) 438-7355
www.nuvistarealty.com/

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