Attention investors! Don't miss out on this unique opportunity to own 8 units across three separate buildings. There's significant potential for value-added opportunities, including the creation of additional units and further development. Conveniently located near Fanshawe College and Argyle Mall, and with easy access to the 401 highway, making these units are appealing to a broad range of tenants. The large parking lot offers ample space for all tenants, plus extra room for visitors. Recent upgrades include all roofs being replaced in 2022, two new boilers (2023), and one new furnace (2021). Four of the 8 units have been fully renovated, leaving the remaining 4 units with great value-add opportunity. Current rental income is $101,168, with potential to reach up to $122,000. (id:4555)
PROPERTY SPECS
Listing ID X12023560
Address 368 CALGARY STREET
City London East (East H), ON
Price $1,100,000
Bed / Bath 15 / 8 Full
Construction Stone, Vinyl siding
Land Size 125.16 x 115 FT
Type Other
Status For sale
EXTENDED FEATURES
AppliancesDryer, Refrigerator, Stove, WasherBasementN/ABasement DevelopmentPartially finishedParking10Amenities NearbyPark, Place of Worship, Public Transit, SchoolsStructurePatio(s)HeatingOtherUtility WaterMunicipal waterDate Listed2025-03-17 20:00:56Days on Market16Parking10