20 Adelaide Street S London, Ontario N5Z 3J8
$749,900
Multi-Unit Investment Opportunity in London, Ontario. Discover this prime investment opportunity: a fully tenanted 5-unit building offering consistent rental income with a gross rent of $77,528.64 annually, making it an excellent addition to any investor's portfolio. Five Separate Hydro Meters and plenty of parking for all the tenants. Enjoy immediate cash flow at market rents with reliable, established tenants in place. Situated by Victoria hospital, close to amenities, schools, public transportation, and major thoroughfares. This is an exceptional opportunity for investors seeking stable income and growth potential in one of Ontario's most promising real estate markets. Dont miss out on this turnkey property! (id:53282)
Property Details
| MLS® Number | X11908989 |
| Property Type | Multi-family |
| Community Name | South I |
| Features | Flat Site, Lighting |
| ParkingSpaceTotal | 6 |
Building
| BathroomTotal | 5 |
| BedroomsAboveGround | 4 |
| BedroomsBelowGround | 2 |
| BedroomsTotal | 6 |
| Amenities | Separate Electricity Meters |
| Appliances | Dryer |
| BasementDevelopment | Finished |
| BasementType | N/a (finished) |
| ExteriorFinish | Vinyl Siding |
| FoundationType | Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 1499.9875 - 1999.983 Sqft |
| Type | Other |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 125 Ft |
| SizeFrontage | 30 Ft |
| SizeIrregular | 30 X 125 Ft ; 125.31 Ft X 29.59 Ft X 125.30 Ft X 29.55 |
| SizeTotalText | 30 X 125 Ft ; 125.31 Ft X 29.59 Ft X 125.30 Ft X 29.55|under 1/2 Acre |
Utilities
| Cable | Available |
| Sewer | Installed |
https://www.realtor.ca/real-estate/27769749/20-adelaide-street-s-london-south-i
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Thao Thai
Salesperson
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January 06 2025 06:20:59
Century 21 First Canadian Corp