$390,000

18 Redan Street

London ON, N5Z 1Y8

Description

COVID showing protocols are in effect. Masks must be worn when viewing. No toilet use or children allowed. Half-hour viewings are available on May 15 between 1:00 and 3:00pm. This centrally located property represents a terrific investment or renovation opportunity. Currently legally zoned and licenced as a duplex under City of London Licence 20100233 but could be converted to a single-family residence. Rented month-to-month at $1,650 monthly including utilities (gas, electricity, water and sewer). Long-term tenants have expressed a willingness to move should the new owners or their immediate family require occupancy or major renovations be planned. A large concrete-block workshop with power is situated in the rear property, approximately 12 x 20 feet in size. This area of London is on an upward trend. The property is ready for a complete renovation, top to bottom, inside and out, except the furnace and the roof were replaced in 2018. So the furnace is good, the roof is good, the rest is up to you. Because of tenant occupancy, property is being sold "as is".

Details

MLS#40088484
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1906
Days On Site12

Features

Bed(s)4
Bath(s) 2 Total
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Area Information
ProvinceON
CountyMiddlesex
CityLondon
Postal CodeN5Z 1Y8
AreaEast
Listing VS Median (in N5Z 1Y8)
Price:
$390,000
low | high
Med:
$390,000
50% of Average
On Site:
12
low | high
Med:
12
100% of Average
Sourced by Back At You
Listing Updated: May 13, 2021 8:01:03 PM PDT
TERRY MCSPADDEN LogoMLS Number: 40088484
Listing Provided By:
TERRY MCSPADDEN  of  OLIVER ASSOC REAL ESTATE BRO
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