169 Adelaide Street N London, Ontario N6B 3G9
$900,000
FULLY LEASED TURNKEY COMMERCIAL & RESIDENTIAL 6-PLEX with a 6+% CAP RATE! Current monthly income is $5,460 with an annual Net Operating Income (NOI) of $54,664.06. If you're looking to grow your investment portfolio, don't miss out on this one. Great commercial tenant in place with lease until 2024. Commercial tenant also occupies 2 other units in the building. Paved parking for 4 cars in the driveway and 2 more dedicated parking spots at the front of property. This property has 5 hydro meters with a full and clean unfinished basement with separate entrance. Add this money-maker to your portfolio today! (id:47723)
Property Details
| MLS® Number | 40259220 |
| Property Type | Multi-family |
| Amenities Near By | Public Transit |
| Communication Type | High Speed Internet |
| Community Features | High Traffic Area |
| Features | Corner Site |
| Parking Space Total | 6 |
Building
| Bathroom Total | 6 |
| Bedrooms Total | 3 |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors |
| Foundation Type | Unknown |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2500 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Municipal Sewage System |
| Size Depth | 61 Ft |
| Size Frontage | 48 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Ac4, Rs- 4 |
Utilities
| Cable | Available |
| Natural Gas | Available |
https://www.realtor.ca/real-estate/24401698/169-adelaide-street-n-london
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May 20 2022 06:46:36
London and St. Thomas Association of REALTORS®
Century 21 First Canadian Corp., Brokerage