MONEY MAKER! Legal Five-Unit Property FULLY LEASED! Consisting Of Four Two-Bedroom Units And One Large Three-Bedroom Unit. Each Unit Has One Bath, Kitchen, And Its Own Private Laundry. Meticulously Updated. All Units Are Large In Size And Each Has Its Own Hydro Meter And Separate Entrance. Located In An Excellent Rental Area. Annual Income Projected At $95,340 Per Year. Unit #1 Rented At $1,550 + Hydro, Unit #2 Rented At $1,500 + Hydro, Unit #3 Rented At $1,300 + Hydro, Unit #4 Rented At $1,600 + Hydro, Unit #5 Rented At $1,900 + Hydro. Cap Rate Of 6.9%. An Amazing Investment Opportunity With All Units Currently Tenanted At Market Rents. Annual Income $94,200. The Buyer And The Buyer's Agent Are Responsible For Verifying All Income And Expenses. (id:4069)
| Address |
235 HAMILTON Road |
| List Price |
$999,800 |
| Property Type |
Multi-family |
| Area |
Ontario |
| Sub-Area |
London |
| Bedrooms |
11 |
| Bathrooms |
5 |
| Floor Area |
3,668 Sq. Ft. |
| Year Built |
1888 |
| MLS® Number |
40629657 |
| Listing Brokerage |
Rock Star Real Estate Inc., Brokerage
|
| Basement Area |
Crawl space (Unfinished) |
| Postal Code |
N5Z1P9 |
| Zoning |
BDC(35) H13 |
| Site Influences |
Public Transit, Shopping |
