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93 High Street London, Ontario N6C 4J8

25 Bathroom
Hot Water Radiator Heat

$4,500,000

This well-maintained 25-unit multi-family, brick building is a fantastic addition to any real estate portfolio. Nestled in a beautiful and highly sought-after neighborhood, this property is not only a gem for its tenants but also offers strong returns for investors, with a cap rate of approximately 5.5%. Highlights include 25 all-inclusive units, making renting convenient and attractive for tenants. Ample on-site parking for tenants and visitors alike, a rare find in the area. New flat roof installed in 2019, minimizing future maintenance costs. Convenient coin laundry facilities within the building for added tenant convenience and landlord income. With its prime location, solid construction, and amenities, this building is a turnkey investment. Take advantage of the demand in this fantastic neighborhood and the ease of all-inclusive units. Three vacant units await your tenant selection. This is an opportunity that's both attractive and enduring. Don't miss out! (id:51356)

Property Details

MLS® Number X10408524
Property Type Multi-family
Community Name South F
Features Sump Pump
ParkingSpaceTotal 25

Building

BathroomTotal 25
Appliances Intercom, Water Heater
ExteriorFinish Brick
FoundationType Concrete
HeatingFuel Natural Gas
HeatingType Hot Water Radiator Heat
Type Other
UtilityWater Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 291 Ft
SizeFrontage 49 Ft ,8 In
SizeIrregular 49.67 X 291 Ft ; 148.09x93.24x291.53x49.67x145.27x42.07
SizeTotalText 49.67 X 291 Ft ; 148.09x93.24x291.53x49.67x145.27x42.07
ZoningDescription R9-4

https://www.realtor.ca/real-estate/27618906/93-high-street-london-south-f

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