Quick Summary
Quick Summary
- Fully leased until Feb 2025, ensuring steady income.
- Attractive 6.2% cap rate, a profitable investment.
- Monthly rent of $2800 plus utilities.
- Located near Western Fair and Gateway Casinos.
- Close to Fanshawe College and Downtown.
- Property features a large, fully fenced yard.
- Situated on a newly rebuilt King street.
- Public transit accessible right at the doorstep.
Fully leased until Feb 28, 2025. This property is a great option for the investor to add to their portfolio. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is currently tenanted with rent coming in at... Show More
Fully leased until Feb 28, 2025. This property is a great option for the investor to add to their portfolio. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is currently tenanted with rent coming in at $2800 per month plus utilities. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. Owners are still waiting for boulevard repairs by the city but when finished the house will be sitting on a new street with public transit at the door. The 6.2 % cap rate makes this a money maker for any investor. Please allow 24 hours notice on all showings for tenants. (id:54626)
Property Details
Size
Parking
Build
Heating & Cooling
Rooms
Primary Bedroom
8′10″ x 14′1″
Bedroom 2
9′10″ x 12′5″
Bedroom 3
7′10″ x 10′5″
Recreational, Games room
10′5″ x 17′8″
Utility room
6′6″ x 16′4″
Living room
12′1″ x 12′1″
Ownership Details
Ownership
Book A Private Showing
For Sale Nearby
Sold Nearby
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