$889,900

791 RICHMOND STREET London Ontario N6A3H6 Canada Listing ID: 173348
Bedrooms: 0
Bathrooms: 0
Property Type: Multi-family
Building Type: Multi-Family

Property Description

Location! Location! Location! Fantastic 5-Unit Apartment Building located across from the Beck Condos - DOWNTOWN! Very well maintained all brick and stucco, 5 - 1 bedroom units, Sep hydro meters, coin op laundry in lower, lots of parking in rear, efficient gas heating, many updates over the years, solid building in a AAA location! Buildings like this dont come up often! Walking distance to UWO/UH/ Downtown and more. Current Rents as follows: Unit 1- $1150 inc, unit 2-$875 inc, unit 3 -$1150 inc., unit 4-$1175 inc., unit 5-$900 inc. IDEAL SET UP HERE - Over 5.5% CAP RATE in current condition - Generating $63,000/annually with room to Grow! CALL TODAY!

Building Details

Appliances Washer, Stove, Dryer, Refrigerator
Architectural Style Multi-Unit
Basement Type Partial
Constructed Date 1900
Cooling Type None
Exterior Finish Brick
Fireplace Present
Fire Protection Partial Sprinkler System
Foundation Type Block, Stone
Heating Fuel Natural gas
Heating Type Hot water radiator heat
Stories Total 3
Type Multi-Family
Utility Water Municipal water

Additional Information

Features Laundry- Coin operated
Ownership Freehold
Parking
Transaction For sale
Land
  • Size Total Text: under 1/2 acre
  • Size Frontage: 43 ft
  • Acreage:
  • Amenities: Hospital, Public Transit
  • Sewer: Municipal sewage system
Listed by: CENTURY 21 FIRST CANADIAN CORP. The listing data is deemed reliable but is not guaranteed accurate.

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