Property Description for 186 CLARENCE STREET
Fantastic Investment Opportunity in London's Vibrant SOHO Neighbourhood! This well-maintained triplex is the perfect addition to any investors portfolio or a great option for owner-occupiers looking to offset their mortgage with rental income. Featuring one spacious 2-bedroom unit and two bright 1-bedroom units, the property generates a solid annual income of $32,428 with low annual expenses of just $6,300. Each unit offers private entrances, functional layouts, and excellent rental appeal. Tenants enjoy convenient access to public transit, parks, shopping, and all the amenities that make SOHO one of London's emerging communities. With strong cash flow and room for future value growth, this is a turn-key property in a high-demand rental market. Don't miss your chance to own a proven income generator in a central location! (id:38686)
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Property Details
Property Tax
: $2,202MLS® #
: X12162319
Home Features
Property Type
: MultiFamily
Interior Features
Heating
: ["Forced air", "Natural gas"]Basement
: ["Unfinished", "Separate entrance", "N/A"]
Utilities
Sewer
: ["Sanitary sewer"]
Other
Parking Features
: ["No Garage"]Exterior Features
: ["Vinyl siding"]
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