70 CENTRE Street, London, Ontario, N6J1T5

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For sale, ID#: 40381785
70 CENTRE Street
London Ontario
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4 Beds
3 Bath
$639,900

Outstanding opportunity here on this renovated 3 unit (duplex with additional lower level unit) grossing approximately $50,000 and netting approximately $40,000 annually in an excellent south London location with a beautiful lot backing onto Euston Park. Upper 1 bedroom currently vacant was last rented at $1300 monthly, main floor 2 bedroom rented at $1600 month to month and basement unit rented at $1200 month. All rents are all inclusive-owner pays all utilities. Very good units here with newer baths, newer white kitchens with quartz counters and excellent layout/floor plans. Basement common area has washer/dryer for tenants. Owner has indicated solar panels are owned but currently disconnected and that reconnection with London Hydro with potential to recapture & reduce electricity costs (approx. $2,000 to reconnect). (id:2471)

Representatives
Michelle O'Brien and Mike Murray Broker and Sales Representative
BLUE FOREST REALTY INC.
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Property Details
  • Property Address: 70 CENTRE Street, London, Ontario, N6J1T5
  • Property Type: Multi-family
  • Zoning Description: R2-3/R9-7*H50
  • Title: Freehold
  • Acreage: under 1/2 acre
  • Sewage Type: Municipal sewage system
  • Water Type: Municipal water
  • Amenities Nearby: Park, Public Transit, Schools, Shopping
Structure Details
  • Structure Style: Duplex
  • Style: Detached
  • Storeys: 1.5
  • Floor Space: 1242
  • Building Age: 1951
  • Bedrooms: 4
  • Bathrooms: 3-Total
  • Basement Type: Full (Finished)
  • Heating Type: Natural gas, Forced air
  • Cooling: Central air conditioning
  • Exterior Type: Aluminum siding
  • Foundation Type: Block
Amenities / Features
  • Park/reserve
  • Sump Pump
  • Quiet Area
Neighbourhood Information

Listing Office: RE/MAX CENTRE CITY REALTY INC., BROKERAGE

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70 CENTRE Street, London, Ontario, N6J1T5
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