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29 CARTWRIGHT STREET
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29 CARTWRIGHT STREET $1,999,000
2 days ago
$1,999,000
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29 CARTWRIGHT STREET
London, Ontario N6B2W5

MLS® Number: X11894325
8 + 3
Bedrooms
12
Bathrooms
-
Square Feet

Listing Description

Rare opportunity to purchase a building like this in the core area. Solid brick 12 unit apartment building. Huge upside potential with rents in the $1350. A month range of value of $2,800,000 at 5% cap rate potential rents of $1600 a month with high end finishes to the units and a projected market value of almost $3,600,000 at a 5% cap rate. Lots of parking in the back parking lot. Solid built building. Roof approx. 8 years old. Located right downtown within walking distance to shops, Victoria park and all amenities. 11 one bedroom apartments and 1 bachelor apartment. Laundry located in lower level. (39635164)

Location Description

DUFFERIN

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
3
Community Name
East F
Land Size
60 x 166 FT|under 1/2 acre
Annual Property Taxes
$22,869.70
Total Parking Spaces
12
Time on REALTOR.ca
2 days

Building

Bedrooms
Above Grade
8
Below Grade
3
Bathrooms
Total
12
Interior Features
Appliances Included
Dryer, Refrigerator, Two stoves, Washer
Building Features
Features
Lane
Foundation Type
Concrete
Heating & Cooling
Heating Type
Hot water radiator heat (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Amenities Nearby
Hospital, Park, Place of Worship, Public Transit, Schools
Parking
Total Parking Spaces
12

Land

Lot Features
Frontage
60 ft
Land Depth
166 ft
Other Property Information
Zoning Description
R3-2
Data provided by: London and St. Thomas Association of REALTORS® 342 COMMISSIONERS Road West, LONDON, Ontario N6J 1Y3

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