FULLY LEASED ALMOST $2,500/Month Positive Cashflow! Legal 5-unit property offering exceptional cash flow, featuring four spacious 2-bedroom units and one large 3-bedroom unit, each with their own full bath, kitchen, and own insuite laundry. Meticulously updated and generously sized, every unit has its own hydro meter and separate entrance. Ideally located on a key arterial road just 2 km from the city's central business and administrative corridor, this property is surrounded by amenities that make it highly desirable for tenants, including public transit at the doorstep, grocery stores, restaurants, schools, and healthcare facilities within walking distance. It is also very close to the London Health Sciences Centre, Vauxhall Park, Boyle Memorial Park, and several community centres. The prime location supports its continued use as a strong multi-residential asset, offering excellent connectivity, access to essential services, and a stable urban setting conducive to long-term tenancy. Annual income of $90k + this is an outstanding investment opportunity. (id:4069)
Address
235 HAMILTON Road
List Price
$769,900
Property Type
Multi-family
Transaction Type
Sale
Area
Ontario
Sub-Area
London
Bedrooms
11
Bathrooms
5
Floor Area
3,668 Sq. Ft.
Frontage Length
39 ft
Year Built
1888
MLS® Number
40841808
Listing Brokerage
Rock Star Real Estate Inc.
Basement Area
Crawl space (Unfinished)
Postal Code
N5Z1P9
Zoning
AC4 AC5
Ownership
Freehold
Site Influences
Public Transit, Shopping
Heat Source
Natural gas
Heat Type
Forced air
Cooling Features
None
Number Of Floors In Building
2
Water Source
Municipal water
Access To Property
Road access
Sewer
Municipal sewage system
