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:61499)
| MLS® Number | X12900270 |
| Property Type | Multi-family |
| Community Name | East F |
| AmenitiesNearBy | Place Of Worship, Schools |
| ParkingSpaceTotal | 4 |
| BasementFeatures | Apartment In Basement |
| BasementType | N/a |
| CoolingType | None |
| HeatingFuel | Electric, Natural Gas, Other |
| HeatingType | Baseboard Heaters, Forced Air, Radiant Heat |
| SizeInterior | 5000 - 100000 Sqft |
| Type | Other |
| UtilityWater | Municipal Water |
| No Garage |
| Acreage | No |
| LandAmenities | Place Of Worship, Schools |
| Sewer | Sanitary Sewer |
| 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/29491811/532-538-dundas-street-london-east-east-f-east-f
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Bradley Gleed
Broker
Nick Jaremko
Salesperson
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