$ 4,500,000
93 HIGH STREET London, ON N6C4J8
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$ 4,500,000
Est. payment | /mo
25 Baths
$ 4,500,000
Est. payment | /mo
25 Baths
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision South F
MLS® Listing ID X10408524
Originating Board London and St. Thomas Association of REALTORS®
Property Description
This well-maintained 25-unit multi-family, brick building is a fantastic addition to any real estate portfolio. Nestled in a beautiful and highly sought-after neighborhood, this property is not only a gem for its tenants but also offers strong returns for investors, with a cap rate of approximately 5.5%. Highlights include 25 all-inclusive units, making renting convenient and attractive for tenants. Ample on-site parking for tenants and visitors alike, a rare find in the area. New flat roof installed in 2019, minimizing future maintenance costs. Convenient coin laundry facilities within the building for added tenant convenience and landlord income. With its prime location, solid construction, and amenities, this building is a turnkey investment. Take advantage of the demand in this fantastic neighborhood and the ease of all-inclusive units. Three vacant units await your tenant selection. This is an opportunity that's both attractive and enduring. Don't miss out! (id:24570)
Location
Province ON
Interior
Heating Hot water radiator heat
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 25
Private Pool No
Building
Sewer Sanitary sewer
Listed by THRIVE REALTY GROUP INC.
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Andy Katoch
Agent | License ID: LDKATOCAN