64 Duchess Avenue London, ON
PROPERTY INFO
Discover this 5 Plex at 64 Duchess Ave, located in the heart of one of Canadas most sought-after neighbourhoods, Wortley Village. This fully tenanted building boasts AAA tenants across two spacious 2-bedroom units and three 1-bedroom units, ensuring steady and reliable income. On-site laundry, 6 hydro meters, 1 water meter, and 1 gas meter adds to the propertys appeal, making it easy to manage and operate. The property holds an active rental license with the City of London. Net Operating Income of $80761.84 and a current cap rate of 5.39%, this is a solid investment in a thriving community with potential for upside! Located on a corner lot in Wortley Village, known for its vibrant atmosphere and voted one of the best neighbourhoods in Canada, this property offers a turn key opportunity to invest in a highly desirable location. The property features modern conveniences with individual temperature control for each unit, allowing tenants to manage their own temperature settings for optimal comfort. With two driveways providing a total of 10 parking spots, parking is ample. Inquire about competitive financing options. (id:4555)
PROPERTY SPECS
Listing ID X9300237
Address 64 DUCHESS AVENUE
City London, ON
Price $1,499,900
Bed / Bath 7 / 5 Full
Construction Brick
Land Size 93.6 x 107.5 FT
Type Other
Status For sale
EXTENDED FEATURES
Appliances Dishwasher, Dryer, Refrigerator, Stove, Washer, Water HeaterBasement FullParking 10Amenities Nearby Park, Place of Worship, Public TransitCommunity Features Community CentreFeatures Carpet Free, Flat siteStructure Porch, ShedBuilding Amenities Separate Electricity Meters, Separate Heating ControlsFire Protection Controlled entry, Smoke DetectorsFoundation UnknownHeating Radiant heatHeating Fuel Natural gasUtility Water Municipal water Date Listed 2024-09-05 16:03:23Days on Market 77Parking 10
REQUEST MORE INFORMATION
LISTING OFFICE:
Keller Williams Lifestyles, Osman Omar
