Amazing Investment Opportunity! This fourplex has over 7.5% Cap Rate bringing over $56,000 in rental income a year. All four units are rented at market rents with reliable, A+ tenants. This property boasts a generous 169-foot deep lot providing parking for all units. Coin- op laundry for additional income. Many recent updates have been done to the property including metal roof, eaves, soffits, most windows, siding, A/C (2020-2021). Units have been fully renovated with modern updates (2020/2021). Conveniently located near bus routes, schools, downtown, and many amenities. (id:53193)
MLS® Number | X12159652 |
Property Type | Multi-family |
Community Name | South F |
AmenitiesNearBy | Public Transit, Schools |
EquipmentType | Water Heater - Tankless |
ParkingSpaceTotal | 4 |
RentalEquipmentType | Water Heater - Tankless |
BathroomTotal | 4 |
BedroomsAboveGround | 3 |
BedroomsTotal | 3 |
Age | 51 To 99 Years |
Appliances | Water Heater, Dishwasher, Dryer, Stove, Washer, Refrigerator |
ArchitecturalStyle | Bungalow |
BasementFeatures | Separate Entrance, Walk-up |
BasementType | N/a |
CoolingType | Central Air Conditioning |
ExteriorFinish | Vinyl Siding, Stucco |
FoundationType | Block |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
StoriesTotal | 1 |
SizeInterior | 1100 - 1500 Sqft |
Type | Fourplex |
UtilityWater | Municipal Water |
No Garage |
Acreage | No |
LandAmenities | Public Transit, Schools |
Sewer | Sanitary Sewer |
SizeDepth | 169 Ft ,1 In |
SizeFrontage | 31 Ft ,7 In |
SizeIrregular | 31.6 X 169.1 Ft |
SizeTotalText | 31.6 X 169.1 Ft |
ZoningDescription | Ac2 (1) |
Level | Type | Length | Width | Dimensions |
---|---|---|---|---|
Lower Level | Bathroom | 2.33 m | 1.56 m | 2.33 m x 1.56 m |
Lower Level | Living Room | 2.83 m | 2.85 m | 2.83 m x 2.85 m |
Lower Level | Living Room | 5.65 m | 3.3 m | 5.65 m x 3.3 m |
Lower Level | Kitchen | 2.2 m | 2.29 m | 2.2 m x 2.29 m |
Lower Level | Bathroom | 1.83 m | 1.4 m | 1.83 m x 1.4 m |
Lower Level | Laundry Room | 2.83 m | 2.85 m | 2.83 m x 2.85 m |
Lower Level | Bedroom | 2.71 m | 2.48 m | 2.71 m x 2.48 m |
Lower Level | Kitchen | 2.84 m | 3.45 m | 2.84 m x 3.45 m |
Main Level | Kitchen | 4.5 m | 2.8 m | 4.5 m x 2.8 m |
Main Level | Living Room | 3.82 m | 2.84 m | 3.82 m x 2.84 m |
Main Level | Bathroom | 1.57 m | 2.25 m | 1.57 m x 2.25 m |
Main Level | Bedroom | 2.56 m | 3.23 m | 2.56 m x 3.23 m |
Main Level | Bedroom | 2.65 m | 3.23 m | 2.65 m x 3.23 m |
Main Level | Bathroom | 1.68 m | 1.68 m | 1.68 m x 1.68 m |
Main Level | Kitchen | 2.84 m | 3.45 m | 2.84 m x 3.45 m |
Sewer | Installed |
https://www.realtor.ca/real-estate/28336960/382-wharncliffe-road-s-london-south-f
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Minna Nguyen
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