7 Bedroom
3 Bathroom
1,500 - 2,000 ft2
Fireplace
Baseboard Heaters, Heat Pump
$999,999
Purpose-Built, Legal & Licensed Triplex in Old South. An excellent turnkey investment opportunity just steps from Wortley Village. This solid brick triplex has been extensively renovated and offers three self-contained units, with two units currently vacant and one leased-giving the next owner flexibility to place their own tenants and establish current market rents. Each unit includes five newer appliances (2022), with two heat pumps added in 2023, four separate hydro meters, a new rear deck and staircase (2023), plus a brand-new asphalt driveway and parking lot providing ample on-site parking. The property previously generated over $64,000 in annual gross income when fully occupied, with potential for growth as the vacant units are re-leased. With an active City of London rental licence, legal triplex status and major improvements already completed, this is a strong opportunity for investors looking for a low-maintenance multi-family asset in one of London's most desirable rental locations. (id:39551)
Property Details
|
MLS® Number
|
X13770780 |
|
Property Type
|
Multi-family |
|
Community Name
|
South F |
|
Amenities Near By
|
Public Transit |
|
Community Features
|
Community Centre |
|
Equipment Type
|
Water Heater |
|
Features
|
Flat Site, Dry |
|
Parking Space Total
|
4 |
|
Rental Equipment Type
|
Water Heater |
|
Structure
|
Deck |
Building
|
Bathroom Total
|
3 |
|
Bedrooms Above Ground
|
6 |
|
Bedrooms Below Ground
|
1 |
|
Bedrooms Total
|
7 |
|
Age
|
51 To 99 Years |
|
Amenities
|
Fireplace(s), Separate Heating Controls, Separate Electricity Meters |
|
Basement Features
|
Separate Entrance |
|
Basement Type
|
Full |
|
Exterior Finish
|
Brick |
|
Fire Protection
|
Smoke Detectors |
|
Fireplace Present
|
Yes |
|
Fireplace Total
|
3 |
|
Foundation Type
|
Concrete |
|
Heating Fuel
|
Electric |
|
Heating Type
|
Baseboard Heaters, Heat Pump |
|
Stories Total
|
2 |
|
Size Interior
|
1,500 - 2,000 Ft2 |
|
Type
|
Triplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Public Transit |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
123 Ft |
|
Size Frontage
|
33 Ft |
|
Size Irregular
|
33 X 123 Ft ; 123.59ft X 33.22ft X 121.95ft X 7.12 |
|
Size Total Text
|
33 X 123 Ft ; 123.59ft X 33.22ft X 121.95ft X 7.12|under 1/2 Acre |
https://www.realtor.ca/real-estate/30264427/17-carfrae-crescent-london-south-south-f-south-f