86 Wilson Avenue London, Ontario N6H 1X7
$1,199,000
Prime Investment Opportunity in Blackfriars! Licensed triplex with excellent cash flow, pro forma available upon request. Prime rental location within walking distance to downtown, major transit routes, Western University, Fanshawe College, White Oaks and Masonville. . Situated on a massive lot (very rare in this area), this building is everything an investor should be looking for! Three nicely sized apartments: Unit 1 consists of 3+1 bedrooms, 1 bathroom, Unit 2 consists of 3 bedrooms, 1 bathroom, and Unit 3 consists of 3 bedrooms, 1 bathroom. There is an oversized 2 car garage that is rented as well. Two separate driveways offer ample parking (6 outdoor spaces, 2 garage spaces). Enjoy scenic trails and paths along the Thames River, London Major Ball Games, and festivals/entertainment events downtown. Oversize lot offers many options for renovations or additional development. Positive cash flow even with current interest rates- buy now and enjoy additional upside as rates decrease. (id:53282)
Property Details
| MLS® Number | X9297027 |
| Property Type | Single Family |
| Community Name | South K |
| Features | Carpet Free |
| ParkingSpaceTotal | 8 |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 9 |
| BedroomsTotal | 9 |
| Amenities | Separate Heating Controls, Separate Electricity Meters |
| Appliances | Water Heater - Tankless, Water Meter, Furniture |
| ArchitecturalStyle | Bungalow |
| BasementType | Partial |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Wood |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 1 |
| Type | Triplex |
| UtilityWater | Municipal Water |
Parking
| Detached Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 145 Ft |
| SizeFrontage | 55 Ft ,11 In |
| SizeIrregular | 55.97 X 145 Ft |
| SizeTotalText | 55.97 X 145 Ft |
| ZoningDescription | R2 |
https://www.realtor.ca/real-estate/27358999/86-wilson-avenue-london-south-k
Interested?
Contact us for more information
Chris Costello
Salesperson
Saul Teichroeb
Salesperson
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October 09 2024 04:33:38
A Team London