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$ 599,900
Est. payment /mo
Active
451 HAMILTON ROAD London East (east L), ON N5Z1S2
5 Beds
4 Baths
1,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $399
Subdivision East L
MLS® Listing ID X12034414
Bedrooms 5
Source London and St. Thomas Association of REALTORS®
Property Description
OWNER Must Sell! The current owner has taken this property as far as they can and has architectural plans available to show exactly how to increase income, creating a prime opportunity for the next investor. This fully leased 4-unit income property with 5 parking spots is currently generating $5,350/month in rent plus an additional $100/month from parking. With five on-site parking spaces, this property brings in extra income, adding to its strong cash flow potential. Featuring a spacious 2-bedroom unit, two bachelor apartments, and a 1-bedroom unit, this property offers immediate returns with strong rental demand. With recent upgrades already boosting value, the next owner can capitalize on pre-planned opportunities for higher returns, and the seller is available to discuss whats needed to unlock the full potential of this investment. Located in a thriving area with easy access to parks, schools, shopping, and public transit, this property is well-positioned for long-term growth and tenant demand. Income details, lease agreements, and upgrade lists are available upon request. Don't miss out on this rare opportunity. Reach out today! (id:24570)
Location
Province ON
Rooms
Kitchen 4.0
Extra Room 1 Second level 2.78 m X 3.4 m Kitchen
Extra Room 2 Second level 2.71 m X 2.39 m Bedroom
Extra Room 3 Second level 2.99 m X 2.99 m Living room
Extra Room 4 Basement 3.84 m X 2.74 m Kitchen
Extra Room 5 Basement 3.91 m X 3.2 m Bedroom
Extra Room 6 Basement 5.09 m X 2.88 m Living room
Interior
Heating Forced air
Cooling Wall unit
Fireplaces Type Free Standing Metal
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 5
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by CENTURY 21 FIRST CANADIAN CORP