532-538 Dundas Street, London East, ON N6B 1W6

London East N6B 1W6 Ontario

MLS: X12894438

$1,899,900

Added 1 hour ago | For Sale

Listed by: THRIVE REALTY GROUP INC.

About Property

13 unit investment property across three buildings including a duplex, four unit building, and three storey seven unit building. Strong unit mix with 12 residential units and 1 commercial unit previously leased residentially. On site parking available with coin operated laundry in the fourplex and shared laundry in the duplex. Prime Dundas Street location near transit routes and major employers. Currently 11 of 13 units occupied at market rents. All units have been recently updated and the buildings have been well maintained. Projected gross income at full occupancy of $198,067.20 with projected NOI exceeding $125k. Professional property management currently in place and willing to remain, offering a largely hands off investment opportunity.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 102 X 102
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Dundas St and William St
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $13541
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12894438

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