Welcome to 144 Adelaide St, London, a versatile duplex offering strong investment potential with both residential and possible business use. Registered with the city as a duplex, this property is ideally located close to downtown, major amenities, transit, and key attractions, making it attractive for tenants and long term growth. The home features two self contained units, both currently rented, generating a combined monthly income of $2,600 and providing immediate cash flow, with the property offering positive cash flow after expenses. The property has seen numerous updates over recent years as per previous ownership, including improvements to major systems, exterior finishes, and interior spaces, contributing to its overall functionality and appeal. Whether you are looking to expand your investment portfolio, secure a property that carries itself, or explore a mixed use opportunity, 144 Adelaide St presents excellent value in a high demand location. (id:61499)
| MLS® Number | X13069322 |
| Property Type | Multi-family |
| Community Name | East L |
| AmenitiesNearBy | Park, Place Of Worship, Public Transit, Schools |
| EquipmentType | Water Heater - Gas, Water Heater |
| Features | Carpet Free |
| ParkingSpaceTotal | 4 |
| RentalEquipmentType | Water Heater - Gas, Water Heater |
| BathroomTotal | 2 |
| BedroomsAboveGround | 3 |
| BedroomsTotal | 3 |
| Appliances | Dryer, Hood Fan, Two Stoves, Washer, Window Coverings, Two Refrigerators |
| ArchitecturalStyle | Bungalow |
| BasementDevelopment | Unfinished |
| BasementType | Partial (unfinished) |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Stucco |
| FoundationType | Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 1 |
| SizeInterior | 700 - 1100 Sqft |
| Type | Duplex |
| UtilityWater | Municipal Water |
| No Garage |
| Acreage | No |
| LandAmenities | Park, Place Of Worship, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| SizeDepth | 152 Ft ,8 In |
| SizeFrontage | 33 Ft |
| SizeIrregular | 33 X 152.7 Ft |
| SizeTotalText | 33 X 152.7 Ft |
| ZoningDescription | Ac4/ac5 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Bedroom | 2.56 m | 3.6 m | 2.56 m x 3.6 m |
| Main Level | Bedroom | 2.01 m | 3.6 m | 2.01 m x 3.6 m |
| Main Level | Living Room | 2.15 m | 3.6 m | 2.15 m x 3.6 m |
| Main Level | Kitchen | 4.16 m | 2.15 m | 4.16 m x 2.15 m |
| Main Level | Bedroom | 3.7 m | 3.17 m | 3.7 m x 3.17 m |
| Main Level | Living Room | 3.47 m | 2.94 m | 3.47 m x 2.94 m |
| Main Level | Kitchen | 5.86 m | 2.92 m | 5.86 m x 2.92 m |
| Main Level | Bathroom | Measurements not available | ||
| Main Level | Bathroom | Measurements not available |
https://www.realtor.ca/real-estate/29685311/144-adelaide-street-n-london-east-east-l-east-l
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Jagpreet Singh
Salesperson
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