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36 Essex Street London, Ontario N6G 1B2

9 Bedroom 4 Bathroom 2400
None Forced Air

$1,299,000

ATTENTION INVESTORS! PURPOSE BUILT ALL BRICK FULLY RENTED LEGAL DUPLEX IN PRIME LOCATION!***NEW LEASES FOR MAY 1/2023 TO APRIL 30/2024!!! OVER $100,000.00 ANNUAL INCOME!!! TENANTS PAY ALL UTILITIES!!!*** HIGHLY DESIRABLE UWO STUDENT RENTAL AREA, ALWAYS EASILY RENTED! PROPOSED ONTARIO GOVERNMENT HOUSING CHANGES POTENTIALLY ALLOW FOR ADDITIONAL AUXILIARY DWELLING ON PROPERTY WITH MINIMAL RESTRICTIONS & DEVELOPMENT CHARGE EXEMPTIONS! UNITS CONTAIN INDIVIDUAL FURNACES, LAUNDRY, HYDRO PANELS & WATER HEATERS… SEPARATELY METERED! LOW MAINTENANCE ALL BRICK EXTERIOR. SPACIOUS UNITS WITH LARGE BEDROOMS & COMMON AREAS. WITHIN WALKING DISTANCE TO UWO, BUS STOPS, RESTAURANTS & DOWNTOWN. CLOSE TO TRAILS, UNIVERSITY HOSPITAL & SHOPPING. PRIVATE SINGLE WIDE DRIVEWAY & PRIVATE REAR PARKING LOT PAVED ~3 YREARS AGO, AMPLE PARKING. MAIN UNIT RECENTLY REFRESHED. HUGE INCOME! AMAZING POTENTIAL! HIGH QUALITY INVESTMENT PROPERTY IN GREAT CONDITION! (id:41806)

Property Details

MLS® Number 40358084
Property Type Multi-family
Amenities Near By Hospital, Park, Public Transit, Schools, Shopping
Communication Type High Speed Internet
Equipment Type Water Heater
Features Park/reserve, Paved Driveway, Sump Pump
Parking Space Total 4
Rental Equipment Type Water Heater

Building

Bathroom Total 4
Bedrooms Total 9
Appliances Microwave Built-in, Window Coverings
Basement Development Finished
Basement Type Full (finished)
Construction Style Attachment Attached
Cooling Type None
Exterior Finish Brick
Fire Protection Smoke Detectors
Fireplace Present No
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 2400
Type Duplex
Utility Water Municipal Water

Land

Acreage No
Land Amenities Hospital, Park, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 140 Ft
Size Frontage 40 Ft
Size Total Text Under 1/2 Acre
Zoning Description R3-2(1)

Utilities

Electricity Available
Natural Gas Available

https://www.realtor.ca/real-estate/25135626/36-essex-street-london

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