Property Description for 763 COLBORNE STREET
Welcome to 763 Colborne Street, a prime triplex investment opportunity located in the heart of Londons prestigious Old North neighbourhood. This fully occupied, turnkey property generates over $50,000 in annual gross income and offers a strong cap rate. The home features three self-contained unitslower, main, and uppereach with its own private entrance. The lower and main floor units include utilities, while the upper unit is separately metered for hydro. Situated just minutes from Downtown, Western University, Fanshawe College, St. Josephs Hospital, and numerous amenities, this property attracts AAA tenants and ensures stable, long-term rental demand. This is a rare chance to own a cash-flowing property in one of Londons most desirable communities. Income and expense details available upon request. (id:38686)
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Property Details
Property Tax
: $6,890MLS® #
: X12142153
Home Features
Property Type
: MultiFamily
Interior Features
Heating
: ["Forced air", "Natural gas"]Basement
: ["Finished", "Full"]
Utilities
Sewer
: ["Sanitary sewer"]
Other
Parking Features
: ["No Garage"]Exterior Features
: ["Concrete"]
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