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$ 699,900
Est. payment /mo
Active
20 Adelaide ST S London, ON N5Z 3J8
6 Beds
5 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision South I
MLS Listing ID X12018952
Style Other
Bedrooms 6
Building Age 100+
Annual Tax Amount $3,681
Tax Year 2024
Property Sub-Type Multiplex
Property Description
Multi-Unit Investment Opportunity in London, Ontario. Discover this prime investment opportunity: a fully tenanted 5-unit building offering consistent rental income with a gross rent of $77,528.64 annually, making it an excellent addition to any investor's portfolio. Five Separate Hydro Meters and plenty of parking for all the tenants. Enjoy immediate cash flow at market rents with reliable, established tenants in place. Situated by Victoria hospital, close to amenities, schools, public transportation, and major thoroughfares. This is an exceptional opportunity for investors seeking stable income and growth potential in one of Ontario's most promising real estate markets. Don't miss out on this turnkey property!
Location
State ON
County Middlesex
Community South I
Area Middlesex
Rooms
Family Room Yes
Basement Finished
Kitchen 5
Separate Den/Office 2
Interior
Interior Features Separate Hydro Meter
Cooling None
Inclusions Washer & Dryer
Exterior
Exterior Feature Lighting
Pool None
Roof Type Flat
Lot Frontage 30.0
Lot Depth 125.0
Total Parking Spaces 6
Building
Foundation Concrete
Others
Senior Community No
Listed by CENTURY 21 FIRST CANADIAN CORP