1 HIGH STREET, London South (South F), Ontario, N6C4J5

Property Description

Waterfront investment properties are a rare find in the city! Tenants love the location; central to bus routes including the new rapid transit, Thames Valley Parkway and all that downtown has to offer. Plenty of green space, a large parking lot with a space for every unit and then some, and a scenic view of the Thames River! The property consists of two buildings with 10-units total (one 6-unit building and one 4-unit building); in total there are five 1-bedroom 1-bathroom units, four 2-bedroom 1-bathroom units and one bachelor unit. All tenants pay promptly the first of every month and laundry machines are owned with one set in each building. One of the two bedroom units was just given a complete renovation and some of the roof has been redone. Plenty of opportunity to add value with some units paying below market rent (all units separately metered). Don't miss a great opportunity to invest in London! (id:64974)

Quick Facts

• Property Type: Other
• Bedrooms: 14 (14 above)
• Bathrooms: 10
• Parking: 15 spaces (No Garage, Shared)
• Frontage: 80 ft (24.3 m)

Costs

• Annual Taxes: $19,355.00

Listing Provided by: BLUE FOREST REALTY INC.
Board: London and St. Thomas Association of REALTORS®
Data provided via CREA DDF®.