Address
419 RICHMOND Street London, ON
Price
$ 629,999
Property Attributes
  • ML#40019736
  • TypeMulti-Family
  • CityLondon
  • NeighbourhoodEast A
  • Postal CodeN6A 3C8
  • Style
  • Price$ 629,999
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.5 Acres
Listing Provided Courtesy Of:
CENTURY 21 FIRST CANADIAN CORP
Property Description

Turn-key mixed use commercial/residential property in the heart of Downtown London. Located on Richmond St., near Dundas St. in a high visibility building with great street presence. Exposure to thousands of cars each day and pedestrian traffic along the new Dundas Place Flex Street. Main floor retail space, approx. 400 square feet leased to Nails Enprive for 3 years, lease expiring on April 30, 2022. Two residential apartments have been updated and are rented at $1,500 and $900 per month. Shared laundry facilities onsite. Net operating income of $31,497-Year 1, $32,697-Year 2 and $33,897-Year 3. Excellent return on investment. Copy of commercial lease and income and expense statements available upon request. Just around the corner from Budweiser Gardens and Fanshawe College-Downtown Campus. Ample public parking nearby. Illuminated sign band included. Brand new furnace and central air servicing retail unit. Do not miss this opportunity to build your real estate portfolios! (id:7434)

General Features

Ammenities Playground, Public Transit, Shopping
Building Cooling Type Central air conditioning
Building Type Triplex
Community Features High Traffic Area
Features Visual exposure
Location Description South on Richmond St. building on the right hand side
Moreinformationlink https://www.realtor.ca/real-estate/22348359/419-richmond-street-london
Property Type Multi-family
Zoning Description DA1

Interior Features

Basement Development Unfinished
Basement Type Full (Unfinished)
Building Fireplace Present False
Building Heating Type Forced air
Construction Style Attachment Detached

Exterior Features

Exterior Finish Brick
Land Amenities Playground, Public Transit, Shopping
Sewer Municipal sewage system

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 28, 2020 9:50 PM 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 28, 2020 9:50 PM 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 N6A 3C8

Price
AVG $630K
$630K
Visits
AVG 10
16
Year Built
AVG 1865
1865