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93 HIGH STREET
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93 HIGH STREET $4,500,000
$4,500,000
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93 HIGH STREET
London, Ontario N6C4J8

MLS® Number: X10408630

Listing Description

This well-maintained 25-unit multi-family, brick building is a fantastic addition to any real estate portfolio. Nestled in a beautiful and highly sought-after neighborhood, this property is not only a gem for its tenants but also offers strong returns for investors, with a cap rate of approximately 5.5%. Highlights include 25 all-inclusive units, making renting convenient and attractive for tenants. Ample on-site parking for tenants and visitors alike, a rare find in the area. New flat roof installed in 2019, minimizing future maintenance costs. Convenient coin laundry facilities within the building for added tenant convenience and landlord income. With its prime location, solid construction, and amenities, this building is a turnkey investment. Take advantage of the demand in this fantastic neighborhood and the ease of all-inclusive units. Three vacant units await your tenant selection. This is an opportunity that's both attractive and enduring. Don't miss out! (38027839)

Location Description

Off Grand Ave

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
South F
Land Size
49.67 x 291 FT
Annual Property Taxes
$44,866.41
Total Parking Spaces
30
Time on REALTOR.ca
47 days

Building

Heating & Cooling
Heating Type
Hot water radiator heat (Natural gas)
Utilities
Water
Municipal water
Parking
Total Parking Spaces
30

Land

Lot Features
Frontage
49 ft ,8 in
Land Depth
291 ft
Other Property Information
Zoning Description
R9-4
Data provided by: London and St. Thomas Association of REALTORS® 342 COMMISSIONERS Road West, LONDON, Ontario N6J 1Y3

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