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1567 Allen Pl

Allen Pl, Pottersburg, London, ON, N5W 2V8

-
Beds
6
Baths
4,900
Sq. Ft.
$1,599,900
List Price
Details
Photos
39
Comparables
History
1567 Allen Pl, London, ON - 1 of 3
1567 Allen Pl, London, ON - 2 of 3
1567 Allen Pl, London, ON - 3 of 3
63 days on market

Quick Summary

  • Solid 6-unit building close to Fanshawe College
  • 4 three-bedroom and 2 one-bedroom units
  • Additional lower-level space for apartment use
  • On-site coin laundry and storage lockers
  • Ample parking in the rear and nearby bus routes
  • Turnkey investment opportunity with fantastic income
  • 2023 rental income of $130,425 and low expenses
  • Desirable location for easy unit rentals

VERY SOLID 6 UNIT BUILDING CLOSE TO FANSHAWE COLLEGE AND ALL AMENITIES. 4 X 3 BEDROOM UNITS AND 2 X 1 BEDROOM UNITS. THERE IS ALSO AN ADDITIONAL SPACE IN THE LOWER LEVEL COULD EASILY BE USED AS AN APARTMENT(CURRENTLY JUST STORAGE FOR THE OWNER) COIN LAUNDRY ON SITE. STORAGE LOCKERS AVAILABLE FOR EACH UNIT. TONS OF PARKING... Show More

VERY SOLID 6 UNIT BUILDING CLOSE TO FANSHAWE COLLEGE AND ALL AMENITIES. 4 X 3 BEDROOM UNITS AND 2 X 1 BEDROOM UNITS. THERE IS ALSO AN ADDITIONAL SPACE IN THE LOWER LEVEL COULD EASILY BE USED AS AN APARTMENT(CURRENTLY JUST STORAGE FOR THE OWNER) COIN LAUNDRY ON SITE. STORAGE LOCKERS AVAILABLE FOR EACH UNIT. TONS OF PARKING IN THE REAR AND BUS ROUTES VERY VERY CLOSE BY. THIS IS A TURN KEY INVESTMENT OPPORTUNITY AND CREATES FANTASTIC INCOME. 2023 NUMBERS AS FOLLOWS...Total rental income 130425.03 Laundry income 1000 Property taxes 6721 Insurance 4223 Gas 6758 Hydro 8235. THE LOCATION MAKES THESE UNITS SO EASY TO RENT. DONT MISS IT. (id:54626)

Property Details

Size

4,900 sq. ft.
0 Beds
6 Baths
6 Full

Parking

10 Parking Spaces
-

Lot

Size
900′0″ * 1800′0″
Acres
-

Heating & Cooling

Heating
Radiant heat
Cooling
-

Utilities

Water
Municipal water
Sewer
-
SHOW LESS

Source

Listing Brokerage

MLS® Listing
X9305237
Last Updated
October 9, 2024
Brokerage
CENTURY 21 FIRST CANADIAN CORP
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Call us 800-591-0566

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