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For Sale · London South

1 High Street

London, ON · MLS® X12378505

Listing courtesy of BLUE FOREST REALTY INC.

$1,449,900

1 High Street — photo 1
Bedrooms
14
Bathrooms
10
Square Feet
5,000
Year Built
Lot Size
79.46 × 42 Feet
Property Type
Multiplex
Neighbourhood
London South
Status
For Sale

About this home

Waterfront investment properties are a rare find in the city! Tenants love the location; central to bus routes including the new rapid transit, Thames Valley Parkway and all that downtown has to offer. Plenty of green space, a large parking lot with a space for every unit and then some, and a scenic view of the Thames River! The property consists of two buildings with 10-units total (one 6-unit building and one 4-unit building); in total there are five 1-bedroom 1-bathroom units, four 2-bedroom 1-bathroom units and one bachelor unit. All tenants pay promptly the first of every month and laundry machines are owned with one set in each building. One of the two bedroom units was just given a complete renovation and some of the roof has been redone. Plenty of opportunity to add value with some units paying below market rent (all units separately metered). Don't miss a great opportunity to invest in London!

Features

  • Basement: Other
  • Garage: None
  • 15 parking spaces
  • Cooling: None
  • Heating: Other
  • 10 kitchens
  • Deck
  • Lighting

Location

Approximate location, geocoded from the listing address.

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