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29 Cartwright St

Cartwright St, Central London, London, ON, N6B 2W5

11
Beds
12
Baths
$1,999,000
List Price
Details
Photos
5
Comparables
History
29 Cartwright St, London, ON - 1 of 3
29 Cartwright St, London, ON - 2 of 3
29 Cartwright St, London, ON - 3 of 3
New
6 days on market

Rare opportunity to purchase a building like this in the core area. Solid brick 12 unit apartment building. Huge upside potential with rents in the $1350. A month range of value of $2,800,000 at 5% cap rate potential rents of $1600 a month with high end finishes to the units and a projected market value of almost $3,600,000 at a 5% cap... Show More

Rare opportunity to purchase a building like this in the core area. Solid brick 12 unit apartment building. Huge upside potential with rents in the $1350. A month range of value of $2,800,000 at 5% cap rate potential rents of $1600 a month with high end finishes to the units and a projected market value of almost $3,600,000 at a 5% cap rate. Lots of parking in the back parking lot. Solid built building. Roof approx. 8 years old. Located right downtown within walking distance to shops, Victoria park and all amenities. 11 one bedroom apartments and 1 bachelor apartment. Laundry located in lower level. (id:54626)

Property Details

Size

Sq. Ft. Not Available
across 3 floors
11 Beds
8 Above Grade - 3 Below Grade
12 Baths
12 Full

Parking

12 Parking Spaces
-

Lot

Size
720′0″ * 1992′0″
Acres
-

Build

Year Built
-
Model Name
-
Basement
-
Exterior
Brick
Foundation
Concrete
Builder Name
-
Stories
3
Flooring
-
Roof
-

Heating & Cooling

Heating
Hot water radiator heat
Cooling
-

Utilities

Water
Municipal water
Sewer
Sanitary sewer
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Source

Listing Brokerage

MLS® Listing
X11894325
Last Updated
December 16, 2024
Brokerage
SUTTON GROUP - SELECT REALTY
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