- Bedrooms
- 10
- Bathrooms
- 8
- Square Feet
- 3,500–5,000
- Year Built
- —
- Lot Size
- 37.79 × 144.34 Feet
- Property Type
- Multiplex
- Neighbourhood
- London East
- Status
- For Sale
About this home
Exceptional mixed use investment opportunity at 755-761 Dundas Street. This established income property features 7 residential units and 4 commercial units generating a total gross annual income of $192,030. Current monthly rents total $16,002.51 ($8537.51 residential/ $7429 commercial) Annual operating expenses of approximately $33,397 (property tax, insurance, hydro, gas) Produce a net operating income of $158,633. Listed at a 6.35% Cap rate at an asking price of $2,500,000. All commercial leases include HST. Residential tenants are month to month or long term. Strong diverse tenant mix with minimal vacancy. Stable cash flow in place from day one.
Features
- Basement: None
- Garage: Attached
- 4 parking spaces
- Cooling: Window Unit(s)
- Heating: Radiant
- 8 kitchens
Location
Approximate location, geocoded from the listing address.
Keep exploring
More homes you may like
For Sale$299,000
626 First Street, Unit 505
London East · London, ON
- Bedrooms
- 4 Beds
- Bathrooms
- 2 Baths
- Square footage
- 800–899 Sq Ft
For Sale$765,000
1771 MICKLEBOROUGH Drive W
London North · London, ON
- Bedrooms
- 6 Beds
- Bathrooms
- 4 Baths
- Square footage
- 2,000–2,500 Sq Ft
For Sale$258,900
1096 Jalna Boulevard, Unit 62
London South · London, ON
- Bedrooms
- 2 Beds
- Bathrooms
- 1 Baths
- Square footage
- 900–999 Sq Ft