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This stunning four-plex combines historic charm with modernincome-generating potential. Located just minutes from Trent University and downtown's vibrant restaurants and shops. Fourspacious units with nine-foot ceilings, large windows, and ornate trim. Approximately four thousand square feet of living space.Set your own rents and maximize your returns. Quick possession available. 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Description
Amazing Investment Opportunity! This fourplex has over 7.5% Cap Rate bringing over $56,000 in rental income a year. All four units are rented at market rents with reliable, A+ tenants. This property boasts a generous 169-foot deep lot providing parking for all units. Coin- op laundry for additional income. Many recent updates have been done to the property including metal roof, eaves, soffits, most windows, siding, A/C (2020-2021). Units have been fully renovated with modern updates (2020/2021). Conveniently located near bus routes, schools, downtown, and many amenities.
Details
MLS® Number
X12159652
X12159652
Bedrooms
3
3
Bathrooms
4
4
Additional details
- Roof: Metal
- Sewer: Sewer
- Cooling: Central Air
- County: Middlesex
- Property Type: Residential
- Pool: None
- Parking: Available
- Architectural Style: Bungalow
Address
- Address 382 Wharncliffe S Road
- City London South
- State/county ON
- Zip/Postal Code N6J 2M1