93 High Street , London, ON N6C 4J8
London, ON N6C 4J8
Description
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!
Details
| MLS# | X10408630 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Sold Conditional |
| Days On Site | 72 |
| Listing Provided By | THRIVE REALTY GROUP INC. | Not Provided |
Features
| SQ Feet | 20,995 |
|---|
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Learn More About This Property
| State | ON |
|---|---|
| County | Middlesex |
| City | London |
| Zip Code | N6C 4J8 |
| Area | South F |
| Listing VS Median (in N6C 4J8) | |
Price: $4,500,000 low | high Med: $4,500,000 SqFt: 20,995 low | high Med: 20,995 $ / SqFt: $214 low | high Med: $214 On Site: 72 low | high Med: 72.000000 | |
