$999,900
MLS# X12665316
11
Bedrooms卧室
7
Bathrooms卫浴
3,500-5,000
Sq Ft平方尺
2
Parking停车位
London Central Secondary School 9.61/10Sir Frederick Banting Secondary School 5.38/10H B Beal Secondary School 4.7/10

About This Property房源介绍

Presenting an opportunity to acquire a 7-unit multifamily property package in the heart of downtown London. This offering includes both a triplex and a fourplex, providing immediate cash flow with long-term value-add potential. The unit mix consists of four 2-bedroom units and three 1-bedroom units, appealing to a broad tenant base. Four units have been fully renovated with modern upgrades, delivering strong rental appeal and reduced near-term maintenance, while the remaining three units offer clear upside through cosmetic and functional improvements. Currently operating at a 6.9% cap rate, the property provides solid in-place returns with additional income growth potential as rents are brought to market and value-add improvements are completed. Shared on-site laundry adds tenant convenience while generating supplemental income. Ideally located just steps from London's downtown core, tenants benefit from close proximity to transit, shopping, dining, employment hubs, and post-secondary institutions-factors that support consistent rental demand and low vacancy. For investors seeking a balance of stability and upside, this asset offers a compelling opportunity to acquire a partially renovated multifamily property with multiple pathways to grow both equity and cash flow at a STEAL of a price!

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Inquiry for:咨询房源: 376 BURWELL STREET, London East · MLS# X12665316 · $999,900
Or call: 647-624-9279或拨打: 647-624-9279