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$ 599,900
Est. payment | /mo
1,946 SqFt
$ 599,900
Est. payment | /mo
1,946 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,946 sqft
Price per Sqft $308
Subdivision South E
MLS® Listing ID X12009951
Originating Board London and St. Thomas Association of REALTORS®
Property Description
Exceptional Investment Opportunity in a Prime Location. Invest in a well-maintained brick and siding duplex that offers both immediate rental income potential and the possibility for future development. This property features a spacious front three-bedroom apartment and a cozy rear one-bedroom apartment, making it ideal for both investors and homeowners looking to offset their mortgage payments. The front apartment has been fully renovated and boasts a modern and inviting ambiance, highlighted by new laminate flooring throughout and fresh paint on the upper level. This thoughtfully designed space includes three generously sized bedrooms, a bright living and dinning rooms, and a well-appointed kitchen. The finished basement features a recreational room, a four-piece bathroom, and a laundry and furnace area, providing ample space for relaxation and storage for your convenience and needs . Currently vacant, this unit has the potential to generate $2,500 in monthly rent when occupied. The rear one-bedroom apartment is equally impressive, with new kitchen cupboards and a functional layout. This unit currently rents for $1,600 per month, all-inclusive, and offers its own basement workshop and laundry facilities. This property sits on a large and wide deep lot with the potential for further development. Recent upgrades include newer windows, fascia, eaves, and soffits installed in 2022, ensuring that the property is not only aesthetically pleasing but also structurally sound. Located on a quiet street, this duplex is conveniently situated near parks that feature tennis courts, a splash pad, playgrounds, and soccer fields, making it an ideal neighborhood for families. With all local amenities just a stone's throw away, this property offers the perfect blend of tranquility and convenience. Don't miss out on this incredible opportunity! Schedule a showing today and envision the possibilities this property has to offer! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Other
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Virtual Tour https://my.matterport.com/show/?m=WV33Xd2gBgk&mls=1
Listed by PINHEIRO REALTY LTD
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Gabriela Humeniuk
Real Broker