Description de la propriété située au 162 MOUNT PLEASANT AVENUE
Exceptional turn-key investment opportunity in a prime London location near both Downtown and Western University.This fully renovated triplex generates $91,800 in annual income with a net operating income of $74,648, reflecting a strong 7.5% cap rate.The property features three self-contained units: a 5-bedroom, 2.5-bath student rental (Unit A); a 1-bedroom, 1-bath lower-level unit rented to a professional couple (Unit B); and a vacant, detached 2-bedroom, 1-bath dwelling with private garage and workshop (Unit C), ideal for an owner occupier or to lease at top market rent.The units have been recently updated with modern finishes and functional layouts. Major mechanical upgrades include a new furnace, water heater, and air conditioner in Unit C (2024), and a new air conditioner for the main house (2025).Each unit has its own private yard, and the property sits on a large lot with ample parking and outdoor space. A rare opportunity to acquire a stabilized, low-maintenance asset with strong cash flow and future upside. (id:38686)
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Renseignements sur la propriété
Impôt foncier
: 4 184 $ (2024)# MLS®
: X12377928
Caractéristiques de la propriété
Type de propriété
: Multifamiliale
Détails des pièces
Salles de bain partielles
: 1
Caractéristiques intérieures
Chauffage
: Forced air, Natural gasSous-sol
: Apartment in basement, N/A
Services publics
Égout
: Sanitary sewer
Autres
Stationnement
: Attached Garage, GarageCaractéristiques extérieures
: Vinyl siding
Calculatrice hypothécaire
Inscriptions semblables à London North (North N)
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