This well-maintained 25-unit multi-family, brick building is a fantastic addition to any real estate portfolio. Nestled in a beautiful and highly sought-after neighborhood, this property is not only a gem for its tenants but also offers strong returns for investors, with a cap rate of approximately 5.5%. Highlights include 25 all-inclusive units, making renting convenient and attractive for tenants. Ample on-site parking for tenants and visitors alike, a rare find in the area. New flat roof installed in 2019, minimizing future maintenance costs. Convenient coin laundry facilities within the building for added tenant convenience and landlord income. With its prime location, solid construction, and amenities, this building is a turnkey investment. Take advantage of the demand in this fantastic neighborhood and the ease of all-inclusive units. Three vacant units await your tenant selection. This is an opportunity that's both attractive and enduring. Don't miss out! (id:4069)
Address
93 HIGH STREET
List Price
$4,500,000
Property Type
Multi-family
Type of Dwelling
Other
Area
Ontario
Sub-Area
London
Bathrooms
25
Lot Size
49.67 x 291 FT ; 148.09x93.24x291.53x49.67x145.27x42.07 Sq. Ft.
MLS® Number
X10408524
Listing Brokerage
THRIVE REALTY GROUP INC.
Postal Code
N6C4J8
Zoning
R9-4
Features
Sump Pump
