670 LORNE Avenue

Multi-family For Sale in London, Ontario

$585,000
  • 5 Beds
  • 4 Baths
  • 1,837 Sq. Ft.

Amazing triplex in the heart of Old East Village. This great investment opportunity offers tons of parking, fenced backyard, a detached garage, separate hydro/gas meters, separate entrances to each of the units and parking on two sides of the property. Other features include a newer roof, three owned hot water tanks and each of the units are separately metered for gas and hydro. Landlord only pays water! Unit 1 is a 2 bedroom and pays $1214.40 monthly and has its own washer and dryer. Unit 2 is a three bedroom + den that pays 1600 monthly. Unit 3 is a bachelor that pays $809.60 monthly. None of the units are in a basement. Basement is accessed through unit 2. The landlord would be willing to rent the garage at $250/monthly, creating more income opportunities for the new buyer. This property is a great addition to your existing portfolio or for someone looking to purchase their first investment property. Virtual tours available. Don't wait; check out this amazing opportunity today! (id:4069)
Address 670 LORNE Avenue
List Price $585,000
Property Type Multi-family
Type of Dwelling Triplex
Area Ontario
Sub-Area London
Bedrooms 5
Bathrooms 4
Floor Area 1,837 Sq. Ft.
MLS® Number 40345295
Listing Brokerage THRIVE REALTY GROUP INC.
Basement Area Partial (Unfinished)
Postal Code N5W3K5
Zoning R3-2
Site Influences Park, Place of Worship, Playground, Public Transit, Schools
Features Park/reserve

Request More Info or a Showing

Rob Hanson

163 Commissioners Rd West, Suite 6A London ON N6J 1X9

Phone: (519) 318-1596

Email Directly