London East N5W 3Y7 Ontario
MLS: X12193718
Added 1 day ago | For Sale
Listed by: BLUE FOREST REALTY INC.
This extensively renovated 4-plex in the charming neighbourhoods of Old East Village is a must-see if you're looking to expand your investment portfolio! The current owners have done all the heavy lifting, leaving you with a multifamily full of updates, headache-free tenants and bringing in approximately $92,400 in rental income annually with additional income offered with the roof solar panel system. Unit 1 (2 bed+den, 1 bath) includes in-suite laundry, fresh paint and a new backyard deck. Unit 2 (3 bed, 1.5 bath) offers new flooring and trim throughout, updated bathrooms and kitchen (with new appliances), in-suite laundry, updated exterior doors and windows, and fresh paint. Unit 3 (1 bed + den, 1 bath) features new flooring and trim, a new kitchen with appliances, an updated bathroom, in-suite laundry, an expanded backyard patio, and a full repaint. Unit 4 is a fully furnished bachelor unit with a new bathroom and fresh paint. The updates continue outside with exterior upgrades that include new eavestroughs, new flat roof, a new back deck for Unit 1, six parking spaces, full landscaping, new walkways and eight replaced exterior doors.