6 Bedroom
4 Bathroom
2,000 - 2,500 ft2
None
Forced Air
$999,900
Welcome to 389 Dufferin Avenue, a fully renovated four unit residential building located in the heart of Woodfield and only minutes from downtown London. The property features six bedrooms and four bathrooms across four well maintained units. One unit is currently vacant and ready for a new tenant at full market rent, or an owner occupied unit. Additional features include a rear storage room and separately metered electrical for all units. The property is zoned R3 1 and OC4, offering versatility and long term flexibility. The building offers strong financial performance with a projected annual income of $70,200 and a net operating income of $53,879. One unit remains below market rent, creating an opportunity to further improve revenue. A well located, turnkey asset in one of London's most desirable neighbourhoods. (id:50976)
Property Details
|
MLS® Number
|
X12638762 |
|
Property Type
|
Multi-family |
|
Community Name
|
East F |
|
Parking Space Total
|
3 |
Building
|
Bathroom Total
|
4 |
|
Bedrooms Above Ground
|
6 |
|
Bedrooms Total
|
6 |
|
Basement Development
|
Unfinished |
|
Basement Type
|
N/a (unfinished) |
|
Cooling Type
|
None |
|
Exterior Finish
|
Brick |
|
Foundation Type
|
Block |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
2,000 - 2,500 Ft2 |
|
Type
|
Fourplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
100 Ft |
|
Size Frontage
|
33 Ft |
|
Size Irregular
|
33 X 100 Ft |
|
Size Total Text
|
33 X 100 Ft |
|
Zoning Description
|
R3-1 Oc4 |
https://www.realtor.ca/real-estate/29191911/389-dufferin-avenue-london-east-east-f-east-f
