Fully leased until Feb 28, 2025. This property is a great option for the investor to add to their portfolio. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is currently tenanted with rent coming in at $2800 per month plus utilities. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. Owners are still waiting for boulevard repairs by the city but when finished the house will be sitting on a new street with public transit at the door. The 6.2 % cap rate makes this a money maker for any investor. Please allow 24 hours notice on all showings for tenants. (id:4069)
| Address |
764 KING STREET |
| List Price |
$499,900 |
| Property Type |
Single Family |
| Type of Dwelling |
House |
| Area |
Ontario |
| Sub-Area |
London |
| Bedrooms |
3 |
| Bathrooms |
2 |
| Floor Area |
1,500 Sq. Ft. |
| Lot Size |
33 x 164 FT Sq. Ft. |
| MLS® Number |
X8214708 |
| Listing Brokerage |
INITIA REAL ESTATE (ONTARIO) LTD
|
| Basement Area |
Full (Partially finished) |
| Postal Code |
N5W2X4 |
| Zoning |
R8-4 |
| Site Influences |
Public Transit |
| Amenities |
Fireplace(s) |
