Address
1073 RICHMOND Street London, ON
Price
$ 869,900
Property Attributes
  • ML#40015337
  • TypeMulti-Family
  • CityLondon
  • NeighbourhoodEast B
  • Postal CodeN6K 3K1
  • Style
  • Price$ 869,900
  • Bedrooms8
  • Full Bathrooms2
  • Half Bathrooms0
Listing Provided Courtesy Of:
CENTURY 21 FIRST CANADIAN CORP
Property Description

Attention investors. Great Investment opportunity..Prime location walking distance to UWO. TURNKEY licensed student rental duplex that has been renovated top to bottom. Two 4 bedroom units rented until April 2021. Existing rent income (all rented) +/-($549. x 4 and $570.00 x 4) x 12 = $53712.00. Based on current average rents for A1 investment properties potential increase of up to 5% for new tenants in 2021. Rents include heat. Tenants pay electricity and water. Renovations include all windows, aluminum soffit, fascia and eaves troughs, all wiring throughout 2 meters, 2 electrical panels with 100 amp service, all plumbing throughout. One boiler with 3 heating zones and three thermostats. Kitchens, 4 bathrooms and all flooring either refinished or renovated. Decorated and painted throughout. Parking for 6+ vehicles. Property comes with rental license. Showings will be Tuesday, Thursdays and Saturday 1-4 pm. with 24 hrs notice and comply to Covid19 showing protocol. Listed in conjunction with 1037 Richmond St (MLS#40014610) as well. Both are available together or seperately. If both purchased one must close in 2020 and the other in 2021 (id:7434)

General Features

Ammenities Airport, Golf Nearby, Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Building Cooling Type None
Building Type Duplex
Community Features Community Centre
Features Park setting, Park/reserve, Conservation/green belt, Golf course/parkland, Paved driveway
Foundation Type Block
Location Description West Side of Richmond St. between Sherwood and Regent
Moreinformationlink https://www.realtor.ca/real-estate/22374627/1073-richmond-street-london
Property Type Multi-family
Zoning Description R3-2

Interior Features

Basement Development Finished
Basement Type Full (Finished)
Building Fireplace Present False
Building Heating Type Hot water radiator heat
Construction Style Attachment Detached

Exterior Features

Exterior Finish Brick
Land Amenities Airport, Golf Nearby, Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Landscape Features Landscaped
Parkingspacetotal 7
Sewer Municipal sewage system
Structure Porch

Amenities

  • Views
  • New Construction
  • Adult
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


The listing data displayed is deemed reliable but is not guaranteed accurate by CREA®. Data last updated on October 27, 2020 5:40 AM UTC The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Data last updated on October 27, 2020 5:40 AM UTC The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA®) and identify the quality of services provided by real estate professionals who are members of CREA®

This REALTOR.calisting content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.

Property vs Postal Code Average in N6K 3K1

Price
AVG $870K
$870K
Visits
AVG 5
13
Year Built
AVG 1900
1900