763 COLBORNE STREET, London, Ontario, CA

Address: 763 COLBORNE STREET, London, Ontario

6 Beds3 Baths0 sqftStatus: Buy
Price $799,900

Property Overview


Exciting Update on Rental Property! Achieving a 5.1% Cap Rate with Over $50,000 in Gross Income! Explore this property with an exceptionally deep lot, just moments away from Downtown, Western University, Fanshawe College, St. Joseph's Hospital, and numerous amenities. This two-story brick residence is fully occupied and ready for a new owner. It comprises lower, first, and second-floor units, each with its own entrance. The lower and first-floor units include utilities, while the second unit is separately metered for electricity. Additional revenue streams come from local businesses leasing parking spaces at the rear of the property. Don't miss out on this opportunity to own a slice of downtown London! Income and expense details are available upon request. This property is completely turnkey! (id:51532)

 

Tags




Property Summary
Property Type
Single Family
Building Type
Triplex
Storeys
2
Community Name
East B
Land Size
31.99 x 251 FT
Building
Bedrooms
Above Grade
5
Below Grade
1
Bathrooms
Total
6
Interior Features
Basement Type
Full (Finished)
Building Features
Foundation Type
Block
Heating & Cooling
Heating Type
Forced air
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Concrete
Parking
Total Parking Spaces
5
Land
Other Property Information
Zoning Description
R2-2
Enter Details Below
=

Your Home Finance Calculation

Property Price CA $799,900
Bank Loan Amount CA $0
Monthly Installment CA $0

More Properties By DURGA PRASAD AARIPAKA

View All

Related Properties

View All

Never Miss Anything Important!

Stay updated with latest property news:

News, Prices, Listings, Brokers, Index, Trends & Articles

We Don’t Like SPAM Either!
Advertisement Banner