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86 Wilson Avenue London, Ontario N6H 1X7

9 Bedroom 3 Bathroom
Bungalow Central Air Conditioning Forced Air

$1,199,000

Prime Investment Opportunity in Blackfriars! Licensed triplex with excellent cash flow, pro forma available upon request. Prime rental location within walking distance to downtown, major transit routes, Western University, Fanshawe College, White Oaks and Masonville. . Situated on a massive lot (very rare in this area), this building is everything an investor should be looking for! Three nicely sized apartments: Unit 1 consists of 3+1 bedrooms, 1 bathroom, Unit 2 consists of 3 bedrooms, 1 bathroom, and Unit 3 consists of 3 bedrooms, 1 bathroom. There is an oversized 2 car garage that is rented as well. Two separate driveways offer ample parking (6 outdoor spaces, 2 garage spaces). Enjoy scenic trails and paths along the Thames River, London Major Ball Games, and festivals/entertainment events downtown. Oversize lot offers many options for renovations or additional development. Positive cash flow even with current interest rates- buy now and enjoy additional upside as rates decrease. (id:38414)

Property Details

MLS® Number X9297027
Property Type Single Family
Community Name South K
Features Carpet Free
ParkingSpaceTotal 8

Building

BathroomTotal 3
BedroomsAboveGround 9
BedroomsTotal 9
Amenities Separate Heating Controls, Separate Electricity Meters
Appliances Water Heater - Tankless, Water Meter, Furniture
ArchitecturalStyle Bungalow
BasementType Partial
CoolingType Central Air Conditioning
ExteriorFinish Wood
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 1
Type Triplex
UtilityWater Municipal Water

Parking

Detached Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 145 Ft
SizeFrontage 55 Ft ,11 In
SizeIrregular 55.97 X 145 Ft
SizeTotalText 55.97 X 145 Ft
ZoningDescription R2

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October 09 2024 04:33:38

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