763 COLBORNE STREET Active Save Request In-Person Tour Request Virtual Tour
London,ON N6A3Z8
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision East B
MLS Listing ID X9251807
Bedrooms 6
Originating Board London and St. Thomas Association of REALTORS®
Property Description
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:24570)
Location
Province ON
Interior
Heating Forced air
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 5
Private Pool No
Building
Story 2
Sewer Sanitary sewer