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Home ON Greater London London Argyle
1567 ALLEN PLACE
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1567 ALLEN PLACE $1,599,900
$1,599,900
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1567 ALLEN PLACE
London, Ontario N5W2V9

MLS® Number: X9305237
6
Bathrooms
4900
Square Feet

Listing Description

VERY SOLID 6 UNIT BUILDING CLOSE TO FANSHAWE COLLEGE AND ALL AMENITIES. 4 X 3 BEDROOM UNITS AND 2 X 1 BEDROOM UNITS. THERE IS ALSO AN ADDITIONAL SPACE IN THE LOWER LEVEL COULD EASILY BE USED AS AN APARTMENT(CURRENTLY JUST STORAGE FOR THE OWNER) COIN LAUNDRY ON SITE. STORAGE LOCKERS AVAILABLE FOR EACH UNIT. TONS OF PARKING IN THE REAR AND BUS ROUTES VERY VERY CLOSE BY. THIS IS A TURN KEY INVESTMENT OPPORTUNITY AND CREATES FANTASTIC INCOME. 2023 NUMBERS AS FOLLOWS...Total rental income 130425.03 Laundry income 1000 Property taxes 6721 Insurance 4223 Gas 6758 Hydro 8235. THE LOCATION MAKES THESE UNITS SO EASY TO RENT. DONT MISS IT. (36685284)

Location Description

SPRUCE AND DUNDAS

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Square Footage
4900 sqft
Community Name
East E
Land Size
Bldg=75 x 150 FT
Annual Property Taxes
$9,423.04
Total Parking Spaces
10
Time on REALTOR.ca
75 days

Building

Bathrooms
Total
6
Heating & Cooling
Heating Type
Radiant heat
Utilities
Water
Municipal water
Parking
Total Parking Spaces
10

Measurements

Square Footage
4900 sqft
Exterior Building Size
4900 sqft

Land

Lot Features
Frontage
75 ft
Land Depth
150 ft
Other Property Information
Zoning Description
R8-1
Data provided by: London and St. Thomas Association of REALTORS® 342 COMMISSIONERS Road West, LONDON, Ontario N6J 1Y3

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