235 Hamilton Road Active Save Request In-Person Tour Request Virtual Tour
London,ON N5Z 1P9
Key Details
Property Type Multi-Family
Sub Type Multi-5 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 3,668 sqft
Price per Sqft $272
MLS Listing ID 40629657
Bedrooms 11
Abv Grd Liv Area 3,668
Originating Board Oakville
Year Built 1888
Annual Tax Amount $6,012
Property Description
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.
Location
Province ON
County Middlesex
Area East
Zoning BDC(35) H13
Direction Adelaide Street N/Hamilton Rd
Rooms
Basement Crawl Space,Unfinished
Kitchen 0
Interior
Interior Features Separate Hydro Meters
Heating Forced Air,Natural Gas
Cooling None
Fireplace No
Appliance Dishwasher,Dryer,Refrigerator,Stove,Washer
Laundry In-Suite
Exterior
Exterior Feature Separate Hydro Meters
Fence Full
Waterfront No
Roof Type Asphalt Shing
Street Surface Paved
Porch Patio
Lot Frontage 39.34
Garage No
Building
Lot Description Irregular Lot,Public Transit,Shopping Nearby
Faces Adelaide Street N/Hamilton Rd
Story 2
Foundation Unknown
Sewer Sewer (Municipal)
Water Municipal-Metered
Structure Type Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 083090116
Ownership Freehold/None