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London South,ON N6C 4J5
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision South F
MLS Listing ID X12378505
Style Other
Bedrooms 14
Annual Tax Amount $19,355
Tax Year 2025
Lot Size 0.500 Acres
Property Sub-Type Multiplex
Property Description
Waterfront investment properties are a rare find in the city! Tenants love the location; central to bus routes including the new rapid transit, Thames Valley Parkway and all that downtown has to offer. Plenty of green space, a large parking lot with a space for every unit and then some, and a scenic view of the Thames River! The property consists of two buildings with 10-units total (one 6-unit building and one 4-unit building); in total there are five 1-bedroom 1-bathroom units, four 2-bedroom 1-bathroom units and one bachelor unit. All tenants pay promptly the first of every month and laundry machines are owned with one set in each building. One of the two bedroom units was just given a complete renovation and some of the roof has been redone. Plenty of opportunity to add value with some units paying below market rent (all units separately metered). Don't miss a great opportunity to invest in London!
Location
Province ON
County Middlesex
Community South F
Area Middlesex
Rooms
Family Room No
Kitchen 10
Interior
Cooling None
Exterior
Exterior Feature Deck,Lighting,Patio,Privacy
Parking Features Private,Unreserved
Pool None
Waterfront Description Direct
View City,River,Trees/Woods,Water
Roof Type Asphalt Shingle,Metal
Building
Foundation Other