7 Beds 5 Bath

279 Hill Street, London East, ON N6B 1E1

London East N6B 1E1 Ontario

MLS: X12928938

$799,000

Added 4 hours ago | For Sale

Listed by: CENTURY 21 FIRST CANADIAN CORP

About Property

Attention Investors or any buyers looking to live-in with excellent Income. Core area beautifully maintained 5-plex - Always fully rented, tenants pay heat/hydro (separate meters). Handy garage/workshop for landlord storage at the rear of the building. Building consists of 2 x 2 bed unit, 2 x 1, and a bachelor. All tenants on month to month. This is a fantastic up and coming area located just steps to the BRT corridor. Can be sold together with 281 Hill st (large duplex). Current CAP is 6% with incredible growth potential. Great addition to your portfolio! Seller will consider a Vendor Take Back mortgage. Don't miss out!

Features

  • House Style:Multiplex
  • Bathrooms:5
  • Land Size: 34.2 X 101.5
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Electric
  • Cross Street:Wellington & Hill St
  • Basement:Finished , Finished
  • Possession Date:Flex
  • Annual Property taxes: $4308
  • Bedrooms:7
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Baseboard
  • Pool Type:None
  • Exterior:
  • Direction Facing:South
  • Front Footage:
  • Listing ID:X12928938

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