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$565,000
Est. payment /mo
5 Beds
2 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 $376
Subdivision East L
MLS® Listing ID X12138457
Bedrooms 5
Source London and St. Thomas Association of REALTORS®
Property Description
An excellent investment opportunity in the heart of London! Welcome to 784 Little Grey Street, a fully tenanted duplex perfect for first-time investors, house hackers, or those looking to expand their portfolio. The main floor unit (Unit A) features three bedrooms and a 4-piece bathroom, currently rented for $1998.00 per month plus electricity. The upper unit (Unit B) offers two bedrooms and a 4-piece bathroom, rented for $1588.00 per month plus electricity. Each unit is separately metered for electricity, with tenants paying their own electricity while the landlord covers gas and water. This turn-key property is fully tenanted with AAA+ tenants, offering low maintenance and consistent cash flow. Recent upgrades include new click vinyl flooring in Unit A, a roof replacement in 2019, a large shed added in 2021, one owned tankless water heater, one rented water heater, an owned hot water radiator heating system, and an owned window-mounted A/C unit in Unit B. The property also provides parking for four vehicles (three tandem, one single). Conveniently located near 100 Kellogg Lane, the Western Fair Artisan & Farmers Market, trendy restaurants, cocktail lounges, microbreweries, coffee shops, florists, bakeries, and the downtown core, this property offers both versatility and long-term value to any portfolio! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Extra Room 1 Main level 2.3 m X 3 m Bathroom
Interior
Heating Baseboard heaters
Cooling Window air conditioner
Exterior
Parking Features No
Community Features School Bus
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 2
Sewer Sanitary sewer
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Listed by ROYAL LEPAGE TRILAND REALTY