Exceptional Investment Opportunity with Over $62,700 Annual Rental Income and Upside Potential - This strategically positioned 4-plex presents a prime opportunity in London's thriving rental market, offering immediate access to downtown and public transit. Nestled in a serene neighborhood, it provides proximity to Budweiser Gardens, Victoria Park, Richmond Row, Western University, Fanshawe College, and hospitals. The property has undergone thoughtful updates, including in-suite and shared laundry facilities, ensuring modern convenience for tenants. Notably, the double-wide driveway accommodates up to 8 vehicles, an invaluable asset. With a robust annual rental income exceeding $62,700, there is untapped potential for increasing rents through unit updates. This is a not-to-be-missed investment in London's flourishing real estate market with room for further growth. (id:49118)
MLS® Number | 40499532 |
Property Type | Multi-family |
Amenities Near By | Airport, Golf Nearby, Hospital, Park, Public Transit, Schools, Shopping |
Equipment Type | Other, Water Heater |
Features | Paved Driveway |
Parking Space Total | 8 |
Rental Equipment Type | Other, Water Heater |
Bathroom Total | 4 |
Bedrooms Total | 6 |
Basement Development | Unfinished |
Basement Type | Full (unfinished) |
Cooling Type | Central Air Conditioning |
Exterior Finish | Brick |
Foundation Type | Poured Concrete |
Heating Type | Forced Air |
Stories Total | 3 |
Size Interior | 3125 |
Type | Fourplex |
Utility Water | Municipal Water |
Acreage | No |
Fence Type | Partially Fenced |
Land Amenities | Airport, Golf Nearby, Hospital, Park, Public Transit, Schools, Shopping |
Sewer | Municipal Sewage System |
Size Depth | 75 Ft |
Size Frontage | 65 Ft |
Size Total Text | Under 1/2 Acre |
Zoning Description | Bdc/or |
https://www.realtor.ca/real-estate/26237680/393-william-street-london
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