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235 Hamilton Road London, Ontario N5Z 1P9

11 Bedroom 5 Bathroom 3668 sqft
None Forced Air

$999,800

MONEY MAKER! Legal Five-Unit Property FULLY LEASED! Consisting Of Four Two-Bedroom Units And One Large Three-Bedroom Unit. Each Unit Has One Bath, Kitchen, And Its Own Private Laundry. Meticulously Updated. All Units Are Large In Size And Each Has Its Own Hydro Meter And Separate Entrance. Located In An Excellent Rental Area. Annual Income Projected At $95,340 Per Year. Unit #1 Rented At $1,550 + Hydro, Unit #2 Rented At $1,500 + Hydro, Unit #3 Rented At $1,300 + Hydro, Unit #4 Rented At $1,600 + Hydro, Unit #5 Rented At $1,900 + Hydro. Cap Rate Of 6.9%. An Amazing Investment Opportunity With All Units Currently Tenanted At Market Rents. Annual Income $94,200. The Buyer And The Buyer's Agent Are Responsible For Verifying All Income And Expenses. (id:59646)

Property Details

MLS® Number 40629657
Property Type Multi-family
Amenities Near By Public Transit, Shopping
Equipment Type Water Heater
Rental Equipment Type Water Heater

Building

Bathroom Total 5
Bedrooms Total 11
Basement Development Unfinished
Basement Type Crawl Space (unfinished)
Constructed Date 1888
Cooling Type None
Exterior Finish Brick, Vinyl Siding
Foundation Type Unknown
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 3668 Sqft
Utility Water Municipal Water

Parking

None

Land

Access Type Road Access
Acreage No
Fence Type Fence
Land Amenities Public Transit, Shopping
Sewer Municipal Sewage System
Size Frontage 39 Ft
Size Total Text Under 1/2 Acre
Zoning Description Bdc(35) H13

https://www.realtor.ca/real-estate/27255374/235-hamilton-road-london

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