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22 Palace St

Palace StCentral LondonLondonON, N6B 3A7

8
Beds
2
Baths
$799,900
List Price
22 Palace St, London, ON - 1 of 3
22 Palace St, London, ON - 2 of 3
22 Palace St, London, ON - 3 of 3
58 days on market

Quick Summary

  • Fully renovated licensed legal duplex
  • Desirable location near restaurants, parks, trails
  • Walking distance to downtown London
  • Separate utilities for each unit
  • Each unit has 4 bedrooms and 4-piece bath
  • Large family room with gas fireplace
  • Separate dining space and eat-in kitchen
  • 4/6 parking spaces on-site

Fully renovated licensed legal duplex located in desirable Woodfield steps to restaurants, parks, trails and walking distance to downtown London. multiple options available with both units currently vacant. This purpose-built duplex is a Landlords dream & is perfect for investors looking for a turnkey property with strong cash flow with... Show More

Fully renovated licensed legal duplex located in desirable Woodfield steps to restaurants, parks, trails and walking distance to downtown London. multiple options available with both units currently vacant. This purpose-built duplex is a Landlords dream & is perfect for investors looking for a turnkey property with strong cash flow with a projected cap rate of over 8%. Separate heat, separate hydro and separate water meters! Each unit has their own laundry. Both units have 4 good sized bedrooms and a 4 piece bathroom, a large family room with gas fireplace and separate dining space as well as an eat in kitchen. 4\\6 parking spaces located on site. Both units are FULLY VACANT allowing the new Buyer to set their own rents Current market rents for EACH unit is $3200 plus utilities is easily attainable with its proximity to downtown and UWO & Fanshawe College. (id:54626)

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Property Details

Size

Sq. Ft. Not Available
12 total rooms across 2 floors
8 Beds
4 Above Grade - 4 Below Grade
2 Baths
2 Full

Parking

4 Parking Spaces
-

Lot

Size
542′12″ * 1127′12″
Acres
-

Build

Year Built
-
Model Name
-
Basement
-
Exterior
Vinyl siding, Brick
Foundation
Poured Concrete
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Baseboard heaters
Cooling
Wall unit

Utilities

Water
Municipal water
Sewer
Sanitary sewer
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Rooms

Bedroom

9′8″ x 10′11″

Bedroom

9′10″ x 14′8″

Living room

22′4″ x 19′10″

Kitchen

10′9″ x 12′9″

Bedroom 5

10′5″ x 10′2″

Living room

22′8″ x 19′11″

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Source

Listing Brokerage

MLS® Listing
X9051374
Last Updated
September 6, 2024
Brokerage
COLDWELL BANKER POWER REALTY
Powered by: REALTOR.ca
Call us 800-591-0566

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