Property Description for 1051 RICHMOND STREET
Embrace a prime investment opportunity with this captivating 8 bedroom home boasting a lucrative 6% cap rate, strategically positioned on Richmond St within a stone's throw to Western University, offering both convenience and potential for high returns. A quick bus trip connects you to various amenities, placing everything at your fingertips. This versatile home currently features 8 bedrooms but has the potential for effortless conversion into separate units, maximizing its income potential. Seize the opportunity to capitalize on this exceptional property, perfectly positioned near all amenities. Don't miss your chance to own this gem and unlock the full potential of this investment in a highly sought-after location. Property is also located at a future rapid transit stop providing for future re-development opportunities (details available upon request). (id:38686)
Tour this home
Property Details
Property Tax
: $4,814MLS® #
: X12316959
Home Features
Property Type
: Single Family
Room Details
Partial Bathroom
: 1
Interior Features
Heating
: Forced air, Natural gasBasement
: Finished, N/A
Utilities
Sewer
: Sanitary sewer
Other
Parking Features
: No GarageExterior Features
: Brick, Vinyl siding
Similar Listings in London East (East B)
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy. The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, 'screen scraping', 'database scraping', and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website. This listing content is operated by REALTOR® members of The Canadian Real Estate Association. REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
