13 unit investment property across three buildings including a duplex, four unit building, and three storey seven unit building. Strong unit mix with 12 residential units and 1 commercial unit previously leased residentially. On site parking available with coin operated laundry in the fourplex and shared laundry in the duplex. Prime Dundas Street location near transit routes and major employers. Currently 11 of 13 units occupied at market rents. All units have been recently updated and the buildings have been well maintained. Projected gross income at full occupancy of $198,067.20 with projected NOI exceeding $125k. Professional property management currently in place and willing to remain, offering a largely hands off investment opportunity. (id:4069)
Address
532-538 DUNDAS STREET
List Price
$1,899,900
Property Type
Multi-family
Type of Dwelling
Multi-family
Transaction Type
Sale
Area
Ontario
Sub-Area
London East (east F)
Floor Area
5000 - 100000 Sq. Ft.
Lot Size
102 x 102 FT Sq. Ft.
MLS® Number
X12900270
Listing Brokerage
THRIVE REALTY GROUP INC.
Basement Area
N/A
Postal Code
N6B1W6
Zoning
BDC OR
Site Influences
Place of Worship, Schools
