OWNER Must Sell! The current owner has taken this property as far as they can and has architectural plans available to show exactly how to increase income, creating a prime opportunity for the next investor. This fully leased 4-unit income property with 5 parking spots is currently generating $5,350/month in rent plus an additional $100/month from parking. With five on-site parking spaces, this property brings in extra income, adding to its strong cash flow potential. Featuring a spacious 2-bedroom unit, two bachelor apartments, and a 1-bedroom unit, this property offers immediate returns with strong rental demand. With recent upgrades already boosting value, the next owner can capitalize on pre-planned opportunities for higher returns, and the seller is available to discuss whats needed to unlock the full potential of this investment. Located in a thriving area with easy access to parks, schools, shopping, and public transit, this property is well-positioned for long-term growth and tenant demand. Income details, lease agreements, and upgrade lists are available upon request. Don't miss out on this rare opportunity. Reach out today! (id:4069)
Address
451 HAMILTON ROAD
List Price
$599,900
Property Type
Multi-family
Type of Dwelling
Fourplex
Area
Ontario
Sub-Area
London
Bedrooms
5
Bathrooms
4
Floor Area
2,000 Sq. Ft.
Lot Size
41.3 x 132.2 FT Sq. Ft.
MLS® Number
X12034414
Listing Brokerage
CENTURY 21 FIRST CANADIAN CORP
Basement Area
N/A (Finished)
Postal Code
N5Z1S2
Zoning
BDC(36), H13
Features
Irregular lot size, Dry
Amenities
Fireplace(s)
