37 Elmwood Place London, Ontario N6J 1J3
$659,900
3 nicely updated units registered with geowarehouse, potential revenue of $55,200.00 per year. estimated 2 bedroom basement unit at $1400 per month, 2 bedroom main floor unit at $1690 per month (long term tenant), and $1500 per month for the upper 1 bedroom unit. with a 6.8% cap rate, this makes for a solid good quality investment. Property currently operating as an Airbnb main floor long term rental, for even more revenue than estimated for long term rental, continue to run as mid/short term rental or operate as a long term rental property. 2 seperate hydro metres, flexible closing date. please allow 24 hours notice for showings. (id:45615)
Property Details
| MLS® Number | 40411302 |
| Property Type | Multi-family |
| Amenities Near By | Public Transit, Schools |
| Equipment Type | Water Heater |
| Rental Equipment Type | Water Heater |
| Structure | Porch |
Building
| Bathroom Total | 2 |
| Bedrooms Total | 5 |
| Appliances | Microwave |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Construction Style Attachment | Attached |
| Cooling Type | None |
| Exterior Finish | Brick |
| Fire Protection | None |
| Heating Fuel | Electric, Natural Gas |
| Heating Type | Baseboard Heaters, Hot Water Radiator Heat |
| Stories Total | 2 |
| Size Interior | 1398 |
| Type | Duplex |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 79 Ft |
| Size Frontage | 31 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R1-4 |
https://www.realtor.ca/real-estate/25520785/37-elmwood-place-london
Salesperson
(519) 438-5478
(519) 438-7355
805 Adelaide Street North
London, Ontario N5Y 2L8
(519) 438-5478
(519) 438-7355
www.nuvistarealty.com/
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April 28 2023 05:59:42
London and St. Thomas Association of REALTORS®
Nu-Vista Premiere Realty Inc., Brokerage