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London,ON N5Z 2J3
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision East M
MLS Listing ID X11965063
Style 2-Storey
Bedrooms 6
Annual Tax Amount $144
Tax Year 2024
Property Sub-Type Fourplex
Property Description
Newly built 4 plex just waiting to be added to your portfolio or live in one unit and rent the rest! This impressive 4 unit multi-family property has been built with care and attention to detail. Featuring 2-3 bedroom luxury suites and 2-1 bedroom luxury suites. The 3 bedroom suites feature large living area, country kitchen and 2.5 bathrooms. The 1 bedroom suites offer a private entrance with mural, high ceilings, and plenty of storage space. Each suite has separate heat, A/C, hydro and laundry with ease to separate water so each unit can be individually metered. All this with and attractive 5.9% estimated cap rate. Currently vacant with estimated rents reaching $2550 each for the 3 bedrooms and $1750 for the one bedrooms. 5072 finished square feet in a 1768 square foot building.
Location
State ON
County Middlesex
Community East M
Area Middlesex
Rooms
Family Room Yes
Basement Finished,Full
Kitchen 4
Separate Den/Office 2
Interior
Interior Features Air Exchanger,Separate Heating Controls,Separate Hydro Meter,Storage,Storage Area Lockers,Sump Pump,Ventilation System,Water Heater Owned
Cooling Central Air
Fireplaces Type Electric
Fireplace Yes
Heat Source Gas
Exterior
Exterior Feature Awnings,Deck,Porch
Parking Features Private Double
Pool None
View City
Roof Type Asphalt Shingle
Topography Flat
Lot Frontage 47.12
Lot Depth 151.22
Total Parking Spaces 4
Building
Unit Features Fenced Yard,Hospital,Level,Library,Park,Place Of Worship
Foundation Concrete,Poured Concrete
Others
Security Features Smoke Detector
ParcelsYN No
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