764 King Street London, ON
PROPERTY INFO
Fully leased until Feb 28, 2025. This property is a great option for the investor to add to their portfolio. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is currently tenanted with rent coming in at $2800 per month plus utilities. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. Owners are still waiting for boulevard repairs by the city but when finished the house will be sitting on a new street with public transit at the door. The 6.2 % cap rate makes this a money maker for any investor. Please allow 24 hours notice on all showings for tenants. (id:4555)
PROPERTY SPECS
Listing ID X8214708
Address 764 KING STREET
City London, ON
Price $499,900
Bed / Bath 3 / 2 Full
Construction Brick
Flooring Laminate
Land Size 33 x 164 FT
Type House
Status For sale
EXTENDED FEATURES
Appliances Dryer, Refrigerator, Stove, WasherBasement FullBasement Development Partially finishedParking 3Amenities Nearby Public TransitEquipment Water Heater - GasOwnership FreeholdRental Equipment Water Heater - GasStructure Porch, ShedBuilding Amenities Fireplace(s)Cooling Central air conditioningFoundation BlockHeating Forced airHeating Fuel Natural gasUtility Water Municipal water Date Listed 2024-06-04 14:03:56Days on Market 104Parking 3
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LISTING OFFICE:
Initia Real Estate ontario Ltd, Perry Caskanette
