$ 788,000
1267 DUNDAS STREET London, ON N5W3B3
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$ 788,000
Est. payment /mo
Active
1267 DUNDAS STREET London, ON N5W3B3
9 Beds
9 Baths
3,499 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,499 sqft
Price per Sqft $225
Subdivision East M
MLS® Listing ID X9358811
Bedrooms 9
Half Baths 1
Originating Board London and St. Thomas Association of REALTORS®
Property Description
Call it a cash cow! This 8plex is located on Dundas St and Oakland Ave. This property is a GREAT INVESTMENT with a gross income of $66,168 (projected $73,368) and a Net income of $33,372 (Projected $40,572) with 8 meters, allowing future landlords plenty of opportunity to increase the bottom line. There are five one-bedroom, one bachelor unit, and two two-bedroom units, all fully rented. There are 5 Parking spots and a Single-car garage that can be rented as a storage space. The basement under 1265 is unfinished with a 2pc bathroom; plumbing is there to set up laundry and the remaining space can be rented as a workshop area/storage for extra income. It is a very rare opportunity to get an 8plex at this price. (id:24570)
Location
Province ON
Interior
Heating Baseboard heaters
Exterior
Parking Features Yes
Community Features School Bus
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Sewer Sanitary sewer
Listed by CENTURY 21 FIRST CANADIAN CORP