368 CALGARY STREET new

London East (east H),ON N5W4X5

$ 1100000

15 Beds

8 Baths

0 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision East H

MLS Listing ID X12023560

Bedrooms 15

Originating Board London and St. Thomas Association of REALTORS®

Property Description

Attention investors! Don't miss out on this unique opportunity to own 8 units across three separate buildings. There's significant potential for value-added opportunities, including the creation of additional units and further development. Conveniently located near Fanshawe College and Argyle Mall, and with easy access to the 401 highway, making these units are appealing to a broad range of tenants. The large parking lot offers ample space for all tenants, plus extra room for visitors. Recent upgrades include all roofs being replaced in 2022, two new boilers (2023), and one new furnace (2021). Four of the 8 units have been fully renovated, leaving the remaining 4 units with great value-add opportunity. Current rental income is $101,168, with potential to reach up to $122,000. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Other

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 10

Private Pool No

Building

Lot Description Landscaped

Story 2

Sewer Sanitary sewer

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