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(519) 851-1481
Real Estate Company
870 Queens Avenue, London East (East G), Ontario N5W3H6
Listing courtesy of THE AGENCY REAL ESTATE.
- $920,000
- 6
- BD
- 4
- BA
- List Price
- $920,000
- Price Change
- ▼ $280,000 1786742318
- MLS®
- X12979630
- Days on Market
- 202
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Multi-family
- Bedrooms
- 6
- Bathrooms
- 4
- Lot Size Dimensions
- 34 x 90 FT
- Subdivision
- East G
Property Description
Projected future rents for the triplex are estimated at $2,200/month for the upper level, $2,500/month for the ground level (currently owner-occupied), and $1,500/month for the basement unit, resulting in an approximate annual Net Operating Income (NOI) of $61,000; tenants pay hydro, as all units are separately metered. Seller is happy to remain as a tenant if the buyer wishes. (42562568) For reference, the seller's expense figures behind the NOI: house insurance $3,000, land care $1,000, snow removal $1,000, water heater rental $480 (taxes already in the listing). (id:5764)
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Additional Information
- Subdivision
- East G
- Parking Spaces
- 3
- Cooling
- None
- Country
- Canada
- Sewer
- Sanitary sewer
- Heating
- Forced air, Natural gas
- Stories
- 2
