22 Palace Street London, ON
PROPERTY INFO
Fully renovated licensed legal duplex located in desirable Woodfield steps to restaurants, parks, trails and walking distance to downtown London. multiple options available with both units currently vacant. This purpose-built duplex is a Landlords dream & is perfect for investors looking for a turnkey property with strong cash flow with a projected cap rate of over 8%. Separate heat, separate hydro and separate water meters! Each unit has their own laundry. Both units have 4 good sized bedrooms and a 4 piece bathroom, a large family room with gas fireplace and separate dining space as well as an eat in kitchen. 4\\6 parking spaces located on site. Both units are FULLY VACANT allowing the new Buyer to set their own rents Current market rents for EACH unit is $3200 plus utilities is easily attainable with its proximity to downtown and UWO & Fanshawe College. (id:4555)
PROPERTY SPECS
Listing ID X9051374
Address 22 PALACE STREET
City London, ON
Price $799,900
Bed / Bath 8 / 2 Full
Construction Brick, Vinyl siding
Land Size 45.25 x 94 FT ; 94.24 x 45.41 ft x 94.23 ft x 45.41 ft
Type Duplex
Status For sale
EXTENDED FEATURES
Appliances Dryer, Refrigerator, Two stoves, Two WashersParking 4Amenities Nearby Park, Place of Worship, SchoolsCooling Wall unitFoundation Poured ConcreteHeating Baseboard heatersHeating Fuel ElectricUtility Water Municipal water Date Listed 2024-07-23 22:02:30Days on Market 46Parking 4
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LISTING OFFICE:
Coldwell Banker Power Realty, Calum Angus
