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763 Colborne St

Colborne St, Bishop Hellmuth Heritage District, London, ON, N6A 3Z8

6
Beds
3
Baths
$849,900
List Price
Details
Photos
26
Comparables
History
763 Colborne St, London, ON - 1 of 3
763 Colborne St, London, ON - 2 of 3
763 Colborne St, London, ON - 3 of 3
New
18 days on market

Quick Summary

  • Exceptional rental income with 5.1% cap rate
  • Fully occupied multi-unit property with separate utilities
  • Convenient location near downtown, universities, and amenities
  • Additional revenue from commercial parking leases
  • Turnkey investment opportunity with income details available

Exciting Update on Rental Property! Achieving a 5.1% Cap Rate with Over $50,000 in Gross Income! Explore this property with an exceptionally deep lot, just moments away from Downtown, Western University, Fanshawe College, St. Joseph's Hospital, and numerous amenities. This two-story brick residence is fully occupied and ready for a new... Show More

Exciting Update on Rental Property! Achieving a 5.1% Cap Rate with Over $50,000 in Gross Income! Explore this property with an exceptionally deep lot, just moments away from Downtown, Western University, Fanshawe College, St. Joseph's Hospital, and numerous amenities. This two-story brick residence is fully occupied and ready for a new owner. It comprises lower, first, and second-floor units, each with its own entrance. The lower and first-floor units include utilities, while the second unit is separately metered for electricity. Additional revenue streams come from local businesses leasing parking spaces at the rear of the property. Don't miss out on this opportunity to own a slice of downtown London! Income and expense details are available upon request. This property is completely turnkey! (id:54626)

Property Details

Size

Sq. Ft. Not Available
across 2 floors
6 Beds
5 Above Grade - 1 Below Grade
3 Baths
3 Full

Parking

5 Parking Spaces
-

Build

Year Built
-
Model Name
-
Basement
Finished
Exterior
Concrete
Foundation
-
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
-
SHOW LESS

Source

Listing Brokerage

MLS® Listing
X8258092
Last Updated
May 6, 2024
Brokerage
CENTURY 21 FIRST CANADIAN CORP., BROKERAGE
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Call us 800-591-0566

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