$409,900

House For Sale In South London, London, Ontario

$409,900
  • 2

    Bedrooms

  • 2

    Baths

  • 3

    Parking Spaces

Property Information:

6% Cap Rate Potential for INVESTMENT AND/OR OWNER OCCUPY OPPORTUNITY! Licensed Up & Down Duplex located in desirable Old South + business use potential! This is a great option for any investor, business owner or someone who wants to reduce their cost of living! Upper level is rented for $1,300+ hydro till December 31, 2024. Main floor tenancy is month-to-month ($870/month all inclusive). Ideal for savvy investment or owner-occupancy. This property has 3 hydro meters – one for each unit plus a 3rd for the common basement area which holds laundry, storage & building utilities. Low maintenance & taxes. Recent updates include: Brand new furnace installed (October 2023), updated electrical, new paint & flooring. Great access to Downtown, Victoria Hospital, UWO & Hwy 401. One of the best priced duplex 's in town! Call today for further information.

Inclusions: Dryer,Refrigerator,Stove,Washer,Other

Building Features:

  • Floor Space: 1237 Square Feet

Property Features:

  • Bedrooms: 2
  • Bathrooms: 2+0
  • Acres Range: < 0.5
  • Architectural Style: Two Story
  • Basement: Full, Unfinished
  • Built in: 1955
  • Cooling: Window Unit(s)
  • Driveway Parking: Private Drive Single Wide
  • Fencing: Fence - Partial
  • Floor Space (approx): 1237 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: High Speed Internet, Other, Separate Hydro Meters
  • Laundry Features: Inside, Lower Level, Shared
  • Lot Depth: 60 Feet
  • Lot Features: Urban, Dog Park, City Lot, Near Golf Course, Highway Access, Hospital, Landscaped, Library, Park, Place of Worship, Playground Nearby, Public Transit, School Bus Route, Schools, Shopping Nearby
  • Lot Frontage: 42.00 Feet
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Roof: Shingle
  • Security Features: Other
  • Utilities: Cable Connected, Cell Service, Electricity Connected, Garbage/Sanitary Collection, Natural Gas Connected, Recycling Pickup, Street Lights, Phone Connected
  • Water Source: Municipal
  • Zoning: AC2(1)
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 3

Rooms:

  • Foyer Main Level 2.97 X 1.63
  • Bedroom 2nd Level 5.13 X 2.03
  • Bathroom Main Level
  • Living Main Level 5.82 X 3.30
  • Bedroom Main Level 3.78 X 2.74
  • Bathroom 2nd Level
  • Kitchen 2nd Level 3.05 X 2.92
  • Kitchen Main Level 3.15 X 2.74
  • Den Main Level 3.99 X 2.24
  • Utility Other level :Lower 7.70 X 6.38
  • Living 2nd Level 4.01 X 3.68

Courtesy of: THE AGENCY REAL ESTATE, SUTTON GROUP - SELECT REALTY INC., BROKERAGE

Data provided by: London St. Thomas Association of REALTORS® 342 Commissioners Rd. W., London, Ontario N6J 1Y3
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved