235 Hamilton Road London, Ontario N5Z 1P9
$999,800
MONEY MAKER! Legal Five-Unit Property FULLY LEASED! Consisting Of Four Two-Bedroom Units And One Large Three-Bedroom Unit. Each Unit Has One Bath, Kitchen, And Its Own Private Laundry. Meticulously Updated. All Units Are Large In Size And Each Has Its Own Hydro Meter And Separate Entrance. Located In An Excellent Rental Area. Annual Income Projected At $95,340 Per Year. Unit #1 Rented At $1,550 + Hydro, Unit #2 Rented At $1,500 + Hydro, Unit #3 Rented At $1,300 + Hydro, Unit #4 Rented At $1,600 + Hydro, Unit #5 Rented At $1,900 + Hydro. Cap Rate Of 6.9%. An Amazing Investment Opportunity With All Units Currently Tenanted At Market Rents. Annual Income $94,200. The Buyer And The Buyer's Agent Are Responsible For Verifying All Income And Expenses. (id:49269)
Property Details
| MLS® Number | X9240694 |
| Property Type | Multi-family |
| Community Name | East L |
| EquipmentType | Water Heater |
| RentalEquipmentType | Water Heater |
Building
| BathroomTotal | 6 |
| BedroomsAboveGround | 8 |
| BedroomsBelowGround | 3 |
| BedroomsTotal | 11 |
| BasementType | Partial |
| ExteriorFinish | Brick, Vinyl Siding |
| FoundationType | Unknown |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| Type | Other |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 108 Ft ,3 In |
| SizeFrontage | 39 Ft ,4 In |
| SizeIrregular | 39.34 X 108.26 Ft ; 129.91ft X 32.00ft X 108.26ft X 39.94ft |
| SizeTotalText | 39.34 X 108.26 Ft ; 129.91ft X 32.00ft X 108.26ft X 39.94ft|under 1/2 Acre |
| ZoningDescription | Bdc(35) H13 |
https://www.realtor.ca/real-estate/27255740/235-hamilton-road-london-east-l
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September 06 2024 01:07:18
Toronto Real Estate Board
Rock Star Real Estate Inc.