$1,599,000

680 Hale Street

London ON, N5W 1H4

Description

Calling all Investors: This 9 unit property with solid cap rate is available for instant, ready to go income. (7 Two Bedrooms And 2 One Bedrooms) Building is in excellent condition and includes a new roof (2020). Units are all in great condition with varying levels of modernization, stylistically speaking. Fully rented with good tenants. All units have their own hydro meter. Tenants pay their own hydro. Gas boiler provides heat during winter months. Parking is available for each tenant. Appointment restrictions set to only those who are ready to make an offer based on the listing details, so please leave in person showings as your last step, if able, due to tenant safety during Covid-19. Extra income potential via coin operated laundry on site. Please connect for more information.

Details

MLS#280728
Listing TypeFor Sale
Sub-TypeResale
StatusConditional
Year1964
Days On Site75

Features

SQ Feet4,000
Units9
Building(s)1
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Area Information
ProvinceON
CountyMiddlesex
CityLondon
Postal CodeN5W 1H4
AreaEast
Listing VS Median (in N5W 1H4)
Price:
$1,599,000
low | high
Med:
$1,599,000
50% of Average
SqFt:
4,000
low | high
Med:
4,000
50% of Average
$ / SqFt:
$400
low | high
Med:
$400
50% of Average
On Site:
75
low | high
Med:
75
100% of Average
Listing Updated: 10/27/2020
CHRIS HOWLETT LogoMLS Number: 280728
Listing Provided By:
CHRIS HOWLETT  of  PC275 REALTY
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