5 Front Street London, Ontario N6C 1K4
$1,549,900
Attention investors, $107,000 NET annual income! Like new quality built 4 storey building. First floor consists of 4 bedrooms, 1 kitchen and 1 bathroom, as well as a common coin operated laundry room for the building. Second floor consists of 8 bedrooms, 1 kitchen and 4 bathrooms. Third level consists of 8 bedrooms, 1 kitchen and 4 bathrooms. Fourth floor consists of 4 bedrooms, 1 bathroom. On bus route. Quick bike ride/drive downtown. Current zoning is R3. Approximate cap rate of 6.5% (id:47723)
Property Details
| MLS® Number | 40291744 |
| Property Type | Multi-family |
| Equipment Type | None |
| Features | Laundry- Coin Operated |
| Parking Space Total | 4 |
| Rental Equipment Type | None |
Building
| Bathroom Total | 10 |
| Bedrooms Total | 24 |
| Basement Type | None |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Concrete, Vinyl Siding |
| Fire Protection | Security System |
| Foundation Type | Poured Concrete |
| Heating Type | Hot Water Radiator Heat |
| Stories Total | 4 |
| Size Interior | 6300 |
| Type | Duplex |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 100 Ft |
| Size Frontage | 50 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R3-2(8) |
https://www.realtor.ca/real-estate/24644583/5-front-street-london
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August 24 2022 04:29:42
London and St. Thomas Association of REALTORS®
Royal LePage Triland Realty