LOADING

387 Horton Street E London, Ontario N6B 1L6

7 Bedroom 5 Bathroom
Forced Air

$749,900

Exciting Investment Opportunity! Highly desirable rental property conveniently located near downtown. This three-unit building is situated on a spacious lot, within walking distance to downtown and near major transit routes. Units 1 and 2 offer two bedrooms and one bathroom each on the ground level. Unit 3, located on the upper level, is divided into three separate units (A, B, and C). Unit A features 2 bedrooms and 1 bathroom, Unit B has 1 bedroom and 1 bathroom, and Unit C is a bachelor unit with a bathroom. Experience the beauty of scenic trails along the Thames River, attend major ball games in London, and enjoy various festivals and entertainment events downtown. This property generates a net income of $58,000 annually, with a Pro Forma worksheet available for review upon request. With a remarkable cap rate of 7.1%, this investment opportunity is not to be missed. Act swiftly to seize this lucrative opportunity! (id:38414)

Property Details

MLS® Number X9253691
Property Type Multi-family
Community Name East K
Parking Space Total 4

Building

Bathroom Total 5
Bedrooms Above Ground 7
Bedrooms Total 7
Basement Development Unfinished
Basement Type Crawl Space (unfinished)
Exterior Finish Stucco, Vinyl Siding
Foundation Type Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Other
Utility Water Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 165 Ft
Size Frontage 33 Ft
Size Irregular 33 X 165 Ft
Size Total Text 33 X 165 Ft
Zoning Description R8-4,ac4

https://www.realtor.ca/real-estate/27289265/387-horton-street-e-london-east-k

Interested?

Contact us for more information

Generating Captcha

Your Favourites

 

No Favourites Found

 

This listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)


London and St. Thomas Association of REALTORS®

Century 21 First Canadian Corp

October 28 2024 04:21:34

RealtyPress WordPress CREA DDF® Plugin