OWNER Must Sell! The current owner has taken this property as far as they can and has architectural plans available to show exactly how to increase income, creating a prime opportunity for the next investor. This fully leased 4-unit income property with 5 parking spots is currently generating $5,350/month in rent plus an additional $100/month from parking. With five on-site parking spaces, this property brings in extra income, adding to its strong cash flow potential. Featuring a spacious 2-bedroom unit, two bachelor apartments, and a 1-bedroom unit, this property offers immediate returns with strong rental demand. With recent upgrades already boosting value, the next owner can capitalize on pre-planned opportunities for higher returns, and the seller is available to discuss whats needed to unlock the full potential of this investment. Located in a thriving area with easy access to parks, schools, shopping, and public transit, this property is well-positioned for long-term growth and tenant demand. Income details, lease agreements, and upgrade lists are available upon request. Don't miss out on this rare opportunity. Reach out today! (id:4555)
PROPERTY SPECS
Listing ID X12034414
Address 451 HAMILTON ROAD
City London, ON
Price $599,900
Bed / Bath 5 / 4 Full
Construction Aluminum siding, Brick
Land Size 41.3 x 132.2 FT
Type Fourplex
Status For sale
EXTENDED FEATURES
AppliancesRefrigerator, Stove, Water HeaterBasementN/ABasement DevelopmentFinishedParking5FeaturesDry, Irregular lot sizeBuilding AmenitiesFireplace(s)CoolingWall unitFoundationBlockHeatingForced airHeating FuelNatural gasUtility WaterMunicipal waterDate Listed2025-03-21 18:01:19Days on Market11Parking5