Attention investors! Don't miss out on this unique opportunity to own 8 units across three separate buildings. There's significant potential for value-added opportunities, including the creation of additional units and further development. Conveniently located near Fanshawe College and Argyle Mall, and with easy access to the 401 highway, making these units are appealing to a broad range of tenants. The large parking lot offers ample space for all tenants, plus extra room for visitors. Recent upgrades include all roofs being replaced in 2022, two new boilers (2023), and one new furnace (2021). Four of the 8 units have been fully renovated, leaving the remaining 4 units with great value-add opportunity. Current rental income is $101,168, with potential to reach up to $122,000. (id:4069)
Address
368 CALGARY STREET
List Price
$1,100,000
Property Type
Multi-family
Type of Dwelling
Other
Area
Ontario
Sub-Area
London
Bedrooms
15
Bathrooms
8
Lot Size
125.16 x 115 FT Sq. Ft.
MLS® Number
X12023560
Listing Brokerage
BLUE FOREST REALTY INC.
Basement Area
N/A (Partially finished)
Postal Code
N5W4X5
Zoning
R2-3
Site Influences
Schools, Public Transit, Park, Place of Worship
