Prime Investment Opportunity in Blackfriars! Licensed triplex with excellent cash flow, pro forma available upon request. Prime rental location within walking distance to downtown, major transit routes, Western University, Fanshawe College, White Oaks and Masonville. . Situated on a massive lot (very rare in this area), this building is everything an investor should be looking for! Three nicely sized apartments: Unit 1 consists of 3+1 bedrooms, 1 bathroom, Unit 2 consists of 3 bedrooms, 1 bathroom, and Unit 3 consists of 3 bedrooms, 1 bathroom. There is an oversized 2 car garage that is rented as well. Two separate driveways offer ample parking (6 outdoor spaces, 2 garage spaces). Enjoy scenic trails and paths along the Thames River, London Major Ball Games, and festivals/entertainment events downtown. Oversize lot offers many options for renovations or additional development. Positive cash flow even with current interest rates- buy now and enjoy additional upside as rates decrease. (id:4069)
Address |
86 WILSON AVENUE |
List Price |
$1,199,000 |
Property Type |
Single Family |
Type of Dwelling |
Triplex |
Style of Home |
Bungalow |
Area |
Ontario |
Sub-Area |
London |
Bedrooms |
9 |
Bathrooms |
3 |
Lot Size |
55.97 x 145 FT Sq. Ft. |
MLS® Number |
X9297027 |
Listing Brokerage |
A TEAM LONDON
|
Basement Area |
Partial |
Postal Code |
N6H1X7 |
Zoning |
R2 |
Features |
Carpet Free |
Amenities |
Separate Heating Controls, Separate Electricity Meters |