202 Sydenham Street, London East (East B), Ontario N6A1W3

Listing courtesy of RIGHT AT HOME REALTY.

$650,000
6
BD
3
BA

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List Price
$650,000
Status
ACTIVE
Days on Market
38
MLS® #
LondonandStThomasAssociationofREALTORS-X13468136
Bedrooms
6
Bathrooms
3
Subdivision
East B
Neighborhood
East B
MLS Area Major
East B

Property Description

Duplex opportunities in Old North don't come up often-and this one is worth paying attention to. Two fully tenanted 3-bedroom units, each with its own entrance and in-suite laundry, generating approximately $55,000 in gross annual rental income from day one. Both units are rented inclusive of utilities, keeping things simple for the next owner. The location is hard to beat. Old North sits right in the sweet spot between Western University and downtown London, making it a perennial favourite with tenants and a smart long-term hold for investors. Parks, schools, shopping, restaurants, and transit are all within easy reach. Whether you're building your portfolio or adding a flagship property to an existing one, this is the kind of asset that checks all the boxes - strong location, immediate cash flow, and real scarcity value in one of London's most sought-after neighbourhoods. (id:5764)

Additional Information

Exterior Features
Brick
Taxes
$6,555
Community Features
East B
Appliances
Dishwasher, Dryer, Two stoves, Two Washers, Two Refrigerators
Heating
Forced air, Natural gas
Air Conditioning
None
Stories
2
Foundation
Unknown
Parking Features
No Garage

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Calculator source: Real Geeks