$ 4,500,000
93 High ST London, ON N6C 4J8
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$ 4,500,000
Est. payment | /mo
25 Baths
$ 4,500,000
Est. payment | /mo
25 Baths
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID X10408524
Style Other
Annual Tax Amount $44,866
Tax Year 2023
Property Description
This well-maintained 25-unit multi-family, brick building is a fantastic addition to any real estate portfolio. Nestled in a beautiful and highly sought-after neighborhood, this property is not only a gem for its tenants but also offers strong returns for investors, with a cap rate of approximately 5.5%. Highlights include 25 all-inclusive units, making renting convenient and attractive for tenants. Ample on-site parking for tenants and visitors alike, a rare find in the area. New flat roof installed in 2019, minimizing future maintenance costs. Convenient coin laundry facilities within the building for added tenant convenience and landlord income. With its prime location, solid construction, and amenities, this building is a turnkey investment. Take advantage of the demand in this fantastic neighborhood and the ease of all-inclusive units. Three vacant units await your tenant selection. This is an opportunity that's both attractive and enduring. Don't miss out!
Location
Province ON
County Middlesex
Area South F
Rooms
Family Room No
Basement None
Kitchen 0
Interior
Interior Features Floor Drain, Intercom, Storage Area Lockers, Sump Pump, Water Heater Owned
Cooling None
Fireplace No
Heat Source Gas
Exterior
Garage Private
Garage Spaces 25.0
Pool None
Waterfront No
Roof Type Flat
Parking Type None
Total Parking Spaces 25
Building
Foundation Concrete
Listed by THRIVE REALTY GROUP INC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN