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532-538 Dundas Street London East, Ontario N6B 1W6

6729 sqft
None Forced Air, Radiant Heat, Baseboard Heaters

$1,799,900

13 unit investment property across three buildings including a duplex, four unit building, and three storey seven unit building. Strong unit mix with 12 residential units and 1 commercial unit previously leased residentially. On site parking available with coin operated laundry in the fourplex and shared laundry in the duplex. Prime Dundas Street location near transit routes and major employers. Currently 11 of 13 units occupied at market rents. All units have been recently updated and the buildings have been well maintained. Projected gross income at full occupancy of $198,067.20 with projected NOI exceeding $125k. Professional property management currently in place and willing to remain, offering a largely hands off investment opportunity. (id:61445)

Property Details

MLS® Number X12894438
Property Type Multi-family
Community Name East F

Building

CoolingType None
HeatingFuel Natural Gas
HeatingType Forced Air, Radiant Heat, Baseboard Heaters
SizeInterior 6729 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 102 Ft
SizeFrontage 102 Ft
SizeIrregular 102 X 102 Ft
SizeTotalText 102 X 102 Ft
ZoningDescription Bdc Or

https://www.realtor.ca/real-estate/29484327/532-538-dundas-street-london-east-east-f-east-f

Interested?

Contact us for more information


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Bradley Gleed
Broker


A Team London

Nick Jaremko
Salesperson


A Team London

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