Rare investment property in prestigious Old North! This amazing property features 5 rental units (3 residential & 2 Commercial). Fully rented with over $70,000 per year in rents. Residential rental licence from the city of London. This property is EXTENSIVELY renovated from top to bottom and features unique apartments with 10 ft ceilings and commercial spaces (Unit 1 is a nail salon & unit 2 is an office). Large parking lot plus a private driveway. 5 hydro meters, 2 gas meters, 2 furnaces, 1 central A/C unit, 3 hot water heaters (all equipment owned). Full basement with future development potential. Laundry in basement with one coin operated washing machine. This is an amazing opportunity to own a rental property with great cash flow!
Off market
Price Unknown
474 Saint James St #470, London, ON N5Y 3P1
3beds
0baths
3,000sqft
Multi-5 Unit
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 0
Appliances
- Laundry: Coin Operated, In Basement
Features
- Other
Interior area
- Total interior livable area: 3,000 sqft
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi-5 Unit
Utilities & green energy
- Sewer: Sewer (Municipal)
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: London
Other
Other facts
- Property Type: Residential Income
- Roof: Asphalt Shing, Flat
- Sewer: Sewer (Municipal)
- Features Area Influences: Shopping Nearby, Downtown, Place of Worship, Public Transit, Rec./Community Centre, Schools, Ample Parking, Corner Site
- Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
- Exterior Features: Porch, Deck(s), Private Entrance
- Cooling: Other
- Heating: Gas, Forced Air
- Laundry Features: Coin Operated, In Basement
- Location: Urban
- Interior Features: Other
- Property Sub Type: Multi-5 Unit