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353 Central Avenue London, Ontario N6B 2E3

8 Bedroom 4 Bathroom
Baseboard Heaters

$999,999

Welcome to your new investment property! 4 self-contained units await in the heart of London. Steps from Wellington and Richmond, walking distance to shopping, groceries, bars, restaurants. Close to downtown, just blocks away from the train station. Each unit is separately metered for hydro. Unit 1 features 1 bedroom on the main floor, with 2 in the basement, washer/dryer, dishwasher and 2 parking spots. Unit 2- 2 beds, washer/dryer, dishwasher. Unit 3- 1 bedroom, 1 parking spot. Unit 4- 2 beds, washer/dryer, 2 parking spots and use of backyard. Check out the detailed floor plan in attachments for a great breakdown of each unit. Each unit is heated by electric baseboards, with tenants paying hydro. Landlords pay water and gas. Asphalt shingle roof done in 2019. 3 units currently rented with unit 1 being vacant, but in the place property manager is actively looking for a new tenant. This is a turn-key rental property that will add considerable value to your current holdings or make a great first investment! **** EXTRAS **** Rent for each unit: Unit 1- Rented in the past for $2,050 (3 bed), Unit 2- Rented for $1,500 (2 bed), Unit 3- $544.50 (1 bed), Unit 4- $1,800 (2 bed). Current property manager in place charges 7% of monthly rent. (id:49269)

Property Details

MLS® Number X9295385
Property Type Single Family
Community Name East F
ParkingSpaceTotal 4

Building

BathroomTotal 4
BedroomsAboveGround 6
BedroomsBelowGround 2
BedroomsTotal 8
BasementDevelopment Finished
BasementType Partial (finished)
ConstructionStyleAttachment Detached
ExteriorFinish Brick
FoundationType Poured Concrete
HeatingFuel Electric
HeatingType Baseboard Heaters
StoriesTotal 3
Type House
UtilityWater Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 132 Ft ,6 In
SizeFrontage 34 Ft ,1 In
SizeIrregular 34.12 X 132.58 Ft
SizeTotalText 34.12 X 132.58 Ft

Rooms

Level Type Dimensions
Second Level Bedroom 3.25 m x 3.76 m
Basement Bedroom 2 3.1 m x 5.11 m
Basement Bedroom 3 3.44 m x 5.1 m
Main Level Living Room 4.99 m x 3.72 m
Main Level Bedroom 2 4.45 m x 3.09 m
Main Level Bedroom 3.96 m x 3.74 m
Main Level Dining Room 2.39 m x 2.39 m
Main Level Kitchen 3.08 m x 3.44 m
Main Level Kitchen 3.31 m x 3.37 m
Main Level Living Room 3.3 m x 4.94 m
Main Level Dining Room 3.21 m x 3.74 m
Main Level Bedroom 2.72 m x 3.54 m

https://www.realtor.ca/real-estate/27354942/353-central-avenue-london-east-f

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