393 William Street London, Ontario N6B 3C9
$689,900
Exceptional Investment Opportunity with Over $62,700 Annual Rental Income and Upside Potential - This strategically positioned 4-plex presents a prime opportunity in London's thriving rental market, offering immediate access to downtown and public transit. Nestled in a serene neighborhood, it provides proximity to Budweiser Gardens, Victoria Park, Richmond Row, Western University, Fanshawe College, and hospitals. The property has undergone thoughtful updates, including in-suite and shared laundry facilities, ensuring modern convenience for tenants. Notably, the double-wide driveway accommodates up to 8 vehicles, an invaluable asset. With a robust annual rental income exceeding $62,700, there is untapped potential for increasing rents through unit updates. This is a not-to-be-missed investment in London's flourishing real estate market with room for further growth. (id:48675)
Property Details
| MLS® Number | 40499532 |
| Property Type | Multi-family |
| Amenities Near By | Airport, Golf Nearby, Hospital, Park, Public Transit, Schools, Shopping |
| Equipment Type | Other, Water Heater |
| Features | Paved Driveway |
| Parking Space Total | 8 |
| Rental Equipment Type | Other, Water Heater |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 6 |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Foundation Type | Poured Concrete |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 3125 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Fence Type | Partially Fenced |
| Land Amenities | Airport, Golf Nearby, Hospital, Park, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 75 Ft |
| Size Frontage | 65 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Bdc/or |
https://www.realtor.ca/real-estate/26237680/393-william-street-london
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302-200 Villagewalk Boulevard
London, Ontario N5X 0A6
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November 20 2023 06:30:26
London and St. Thomas Association of REALTORS®
Prime Real Estate Brokerage