69 Oliver Street, London, ON N5Z 2E8

$1,390,000
11
BD
6
BA
5,400
SqFt
List Price
$1,390,000
Status
ACTIVE
MLS#
40331732
Year Built
1958
Bedrooms
11
Bathrooms
6
Living Area
5,400
Major Area
Middlesex County
District
East
Subdistrict
East L

Property Description

Prime Real Estate Brokerage is pleased to present 69 Oliver Street. This purpose-built 3-storey walkup consists of five (5) spacious 2-bedroom units and one (1) large 1-bedroom unit and represents a highly demanded investment opportunity in London's east end. Concrete and brick construction makes this asset built to last. Significant room to increase rents, especially as the rental market continues to strengthen in London. With approximately 105% upside to market rents, step into this stable, cash-generating building, and add value through renovations as units turnover. The property features separately metered hydro which delivers a low operating expense ratio and will contribute to greater cashflow as rents are increased.

Additional Information

Sewer
Sewer (Municipal)
Cooling
None
Heating
Gas Hot Water

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of PRIME REAL ESTATE BROKERAGE.

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