Prime Investment Opportunity Legal 6-Bedroom Raised Ranch Near Fanshawe College! Located in an A+ rental location, this legal 6-bedroom raised ranch is a turnkey investment with a proven track record of high demand. Just a short walk to Fanshawe College, this property has never experienced a vacancy, consistently renting well in advance of the school year.Featuring high ceilings in the basement, updated flooring, and a new furnace & A/C (2024), Washer and Dryer (2022) this home is well-maintained. With tenants currently paying utilities, this investment generates $4,800/month ($57,600 annually), offering a cash flow of $1,370/month with 25% down and a 30-year amortization. Leases are secured until May 1, 2026, ensuring stability and peace of mind for investors.A rare find in an unbeatable locationdont miss out on this high-income, low-vacancy rental property! (id:4555)
PROPERTY SPECS
Listing ID X11986342
Address 165 THURMAN CIRCLE
City London, ON
Price $789,900
Bed / Bath 6 / 2 Full
Style Raised bungalow
Construction Brick
Land Size 41 x 105 FT
Type House
Status For sale
EXTENDED FEATURES
AppliancesDishwasher, Dryer, Garage door opener remote(s), Microwave, Refrigerator, Stove, WasherBasementFullBasement DevelopmentFinishedParking4Amenities NearbyHospital, Park, Public Transit, SchoolsCommunity FeaturesCommunity CentreEquipmentWater HeaterOwnershipFreeholdRental EquipmentWater HeaterStructureDeck, PorchCoolingCentral air conditioningFire ProtectionSmoke DetectorsFoundationPoured ConcreteHeatingForced airHeating FuelNatural gasUtility WaterMunicipal waterDate Listed2025-02-25 01:00:40Days on Market37Parking4