382 Wharncliffe RD S new

London,ON N6J 2M1

$ 589900

3 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision South F

MLS Listing ID X12159652

Style Bungalow

Bedrooms 3

Building Age 51-99

Annual Tax Amount $2,297

Tax Year 2024

Property Sub-Type Fourplex

Property Description

Amazing Investment Opportunity! This fourplex has over 7.5% Cap Rate bringing over $56,000 in rental income a year. All four units are rented at market rents with reliable, A+ tenants. This property boasts a generous 169-foot deep lot providing parking for all units. Coin- op laundry for additional income. Many recent updates have been done to the property including metal roof, eaves, soffits, most windows, siding, A/C (2020-2021). Units have been fully renovated with modern updates (2020/2021). Conveniently located near bus routes, schools, downtown, and many amenities.

Location

Province ON

County Middlesex

Community South F

Area Middlesex

Rooms

Family Room No

Kitchen 4

Interior

Cooling Central Air

Exterior

Parking Features Available

Pool None

Roof Type Metal

Building

Foundation Concrete Block

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