Prime Investment Opportunity in Blackfriars! Licensed triplex with excellent cash flow, pro forma available upon request. Prime rental location within walking distance to downtown, major transit routes, Western University, Fanshawe College, White Oaks and Masonville. . Situated on a massive lot (very rare in this area), this building is everything an investor should be looking for! Three nicely sized apartments: Unit 1 consists of 3+1 bedrooms, 1 bathroom, Unit 2 consists of 3 bedrooms, 1 bathroom, and Unit 3 consists of 3 bedrooms, 1 bathroom. There is an oversized 2 car garage that is rented as well. Two separate driveways offer ample parking (6 outdoor spaces, 2 garage spaces). Enjoy scenic trails and paths along the Thames River, London Major Ball Games, and festivals/entertainment events downtown. Oversize lot offers many options for renovations or additional development. Positive cash flow even with current interest rates- buy now and enjoy additional upside as rates decrease. (id:4555)
PROPERTY SPECS
Listing ID X9297027
Address 86 WILSON AVENUE
City London, ON
Price $1,199,000
Bath 3 Full
Land Size 55.97 x 145 FT
Status For sale
EXTENDED FEATURES
AppliancesFurnitureParking6FarmOtherCoolingFully air conditionedHeatingForced airHeating FuelNatural gasUtility WaterMunicipal waterDate Listed2024-09-04 00:18:14Days on Market16Parking6