$ 999,800
235 Hamilton RD London, ON N5Z 1P9
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$ 999,800
Est. payment | /mo
8 Beds
$ 999,800
Est. payment | /mo
8 Beds
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
MLS Listing ID X9240694
Style 2-Storey
Bedrooms 8
Annual Tax Amount $6,012
Tax Year 2024
Property Description
MONEY MAKER! Legal Five-Unit Property FULLY LEASED! Consisting Of Four Two-Bedroom Units And One Large Three-Bedroom Unit. Each Unit Has One Bath, Kitchen, And Its Own Private Laundry. Meticulously Updated. All Units Are Large In Size And Each Has Its Own Hydro Meter And Separate Entrance. Located In An Excellent Rental Area. Annual Income Projected At $95,340 Per Year. Unit #1 Rented At $1,550 + Hydro, Unit #2 Rented At $1,500 + Hydro, Unit #3 Rented At $1,300 + Hydro, Unit #4 Rented At $1,600 + Hydro, Unit #5 Rented At $1,900 + Hydro. Cap Rate Of 6.9%. An Amazing Investment Opportunity With All Units Currently Tenanted At Market Rents. Annual Income $94,200. The Buyer And The Buyer's Agent Are Responsible For Verifying All Income And Expenses.
Location
Province ON
County Middlesex
Area East L
Rooms
Family Room No
Basement Partial Basement
Kitchen 5
Separate Den/Office 3
Interior
Interior Features Other
Cooling None
Fireplace No
Heat Source Gas
Exterior
Garage None
Pool None
Waterfront No
Roof Type Asphalt Shingle
Parking Type None
Building
Foundation Unknown
Listed by ROCK STAR REAL ESTATE INC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
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