CAD$849,900 Sale

763 Colborne St

London, Ontario, N6A3Z8

635| 1872 sqft

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Summary

ID40562082
StatusCurrent Listing
Ownership TypeFreehold
TypeResidential House,Triplex
RoomsBed:6,Bath:3
Square Footage1872 sqft
Land Sizeunder 1/2 acre
AgeConstructed Date: 1901
Listing Courtesy ofCENTURY 21 FIRST CANADIAN CORP., BROKERAGE

Detail

Building
Bathroom Total3
Bedrooms Total6
AppliancesMicrowave
Basement DevelopmentFinished
Construction MaterialConcrete block,Concrete Walls
Cooling TypeNone
Exterior FinishConcrete
Fireplace PresentFalse
Fire ProtectionAlarm system,Security system
Foundation TypePoured Concrete
Heating TypeForced air
Size Interior1872 sqft
Stories Total2
Total Finished Area
Utility WaterMunicipal water
Basement
Basement TypeFull (Finished)
Land
Size Total Textunder 1/2 acre
Acreagefalse
AmenitiesHospital,Public Transit,Shopping
SewerMunicipal sewage system
Surrounding
Ammenities Near ByHospital,Public Transit,Shopping
Other
Equipment TypeWater Heater
Rental Equipment TypeWater Heater
FeaturesPaved driveway
BasementFinished,Full (Finished)
FireplaceFalse
HeatingForced air

Remarks

Exciting Update on Rental Property! Achieving a 5.1% Cap Rate with Over $50,000 in Gross Income! Explore this property with an exceptionally deep lot, just moments away from Downtown, Western University, Fanshawe College, St. Joseph's Hospital, and numerous amenities. This two-story brick residence is fully occupied and ready for a new owner. It comprises lower, first, and second-floor units, each with its own entrance. The lower and first-floor units include utilities, while the second unit is separately metered for electricity. Additional revenue streams come from local businesses leasing parking spaces at the rear of the property. Don't miss out on this opportunity to own a slice of downtown London! Income and expense details are available upon request. This property is completely turnkey! (id:22211)

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The listing data is deemed reliable but is not guaranteed accurate by Canada Real Estate Association nor RealMaster.

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Location

Province:
Ontario
City:
London
Community:
East B
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Nearby Amenities
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