758 William Street London East, Ontario N5Y 2R6

$1,149,000

PRIME LOCATION for an Investment. 6 Apartments suites in core area neighbourhood in a building with character that is always rented. NOTE 3 addresses 758 - 760 William Street & 563 Oxford St E. Driveway off both William and shared off Oxford. This 6-plex consists of 3 one-bedroom suites, 1 one-bedroom + den suite, 1 large studio suite, and 1 Attic two-bedroom suite (with in-suite laundry). Two suites share laundry in the basement. Surface parking for 3 cars (+ a few Blvd spots) and 1 in detached garage. Six electricity meters, one gas meter, one water meter. Five of six tenants pay person-use electricity (including individual A/C splits) with the landlord paying for basement suite. Higher-end Gas fired hot water heating / boiler which efficiently heats the units. Well maintained building and units. A few longer-termed tenants with below market rents. Located on many bus routes (Oxford), within walking distance to shopping & Richmond Row, restaurants, schools and parks. 1 minute walk to transit stop for Routes 04 & 17. Large front porch. and Balcony porches for upper floor tenants. The building is fully leased - Rent Annually is $91,296 including some lower rents. The garage is an added bonus for parking or addition possibility. Great Downtown living in a well-kept Gem. (id:50976)

Property Details

Building

Land

https://www.realtor.ca/real-estate/29165829/758-william-street-london-east-east-f-east-f