532-538 Dundas Street, London East (East F), Ontario N6B1W6

Listing courtesy of THRIVE REALTY GROUP INC..

$1,699,000

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List Price
$1,699,000
Status
ACTIVE
Days on Market
63
MLS® #
LondonandStThomasAssociationofREALTORS-X13547318
Subdivision
East F
Neighborhood
East F
MLS Area Major
East F

Property Description

13 unit investment property across three buildings including a duplex, four unit building, and three storey seven unit building. Strong unit mix with 12 residential units and 1 commercial unit previously leased residentially. On site parking available with coin operated laundry in the fourplex and shared laundry in the duplex. Prime Dundas Street location near transit routes and major employers. Currently 11 of 13 units occupied at market rents. All units have been recently updated and the buildings have been well maintained. Projected gross income at full occupancy of $210k with projected NOI exceeding $125k. Professional property management currently in place and willing to remain, offering a largely hands off investment opportunity. (id:5764)

Additional Information

Taxes
$13,541
Community Features
East F
Heating
Baseboard heaters, Radiant heat, Forced air, Electric, Natural gas, Other
Air Conditioning
None
Parking Features
No Garage

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Calculator source: Real Geeks