184 Simcoe ST Active

London,ON N6B 1H9

$ 849000

4 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

MLS Listing ID X9379118

Style 2-Storey

Bedrooms 4

Annual Tax Amount $3,445

Tax Year 2024

Property Description

**Seller willing to Hold Financing!** 1st mortgage @6%/yr**legal Rent increases due(+$100/m)** Well Managed, Turn key in Good repair! Brick building with 5 + parking, 4 Separate meters, Coin Washer & Dryer. Unit#1($1,640/m): Front door access on Main level, 1+1 bed, 4 pcs bath, recently renovated, Pot Lights , laminate flooring. Unit#2($1,050/m): Access through rear, main level door, 1 Bed, 4 pcs bath, renovated with pot lights & laminated floor. Unit#3($1,300/m): Access through rear main level door, use common area stair to second level, 1 Bed, 4 pcs bathroom , eat in kitchen, laminate flooring. Unit#4($1,230/m): Access through rear lower level door, 1 Bed+den, kitchen living combined, 4 pcs bathroom. Coin Laundry ($150/m): through rear lower Level door, Landlord pays electric meter for common area coin laundry, Storage & utility room. All units heated by baseboard electric. Deep lot for additional potential. R3-1 Zoning allows Fourplex. This property currently ***Under Power of Sale*** Buyer will complete their own due diligence, accept the property as is. Seller cannot offer any warranties.

Location

Province ON

County Middlesex

Area East K

Rooms

Family Room Yes

Basement Finished,Separate Entrance

Kitchen 4

Separate Den/Office 1

Interior

Interior Features Other

Cooling None

Fireplace No

Heat Source Electric

Exterior

Garage Private

Garage Spaces 4.0

Pool None

Waterfront No

Roof Type Asphalt Shingle

Parking Type None

Total Parking Spaces 4

Building

Foundation Concrete Block

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