120 Adelaide Street N London, Ontario N6B 3G8
$624,900
Investors! Excellent opportunity in this legal non-conforming triplex! Fully rented to *excellent tenants* with opportunity for growth with potential to add an additional unit under new bylaws and/or garage rental income. All separately metered and seperate entrances to each unit. Unit A - 2 bedrooms, 1 bathroom rented at $1115/monthly + personal hydro. Unit B 2+1 bedrooms, 1 bathroom rented at $1570/monthly + personal hydro. Unit C - 1 bedroom, 1 bathroom rented at $637/monthly + personal hydro. Boiler system heats units A & B - serviced in 2023. Unit C heated via electric heating. Landlord pays gas and water. Current rental license. Previous fire inspection. No shortage of parking. Located close to transit. A solid investment property with room to grow! (id:19173)
Property Details
| MLS® Number | 40504635 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Community Features | Community Centre, School Bus |
| Equipment Type | Water Heater |
| Features | Paved Driveway |
| Parking Space Total | 5 |
| Rental Equipment Type | Water Heater |
| Structure | Shed |
Building
| Bathroom Total | 1 |
| Bedrooms Total | 6 |
| Basement Development | Partially Finished |
| Basement Type | Partial (partially Finished) |
| Constructed Date | 1867 |
| Exterior Finish | Brick, Vinyl Siding |
| Foundation Type | Poured Concrete |
| Heating Fuel | Electric |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Size Interior | 2060 |
| Type | Triplex |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access |
| Acreage | No |
| Fence Type | Partially Fenced |
| Land Amenities | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 153 Ft |
| Size Frontage | 44 Ft |
| Size Irregular | 0.155 |
| Size Total | 0.155 Ac|under 1/2 Acre |
| Size Total Text | 0.155 Ac|under 1/2 Acre |
| Zoning Description | R2-2 |
https://www.realtor.ca/real-estate/26210465/120-adelaide-street-n-london
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October 25 2023 03:40:24
London and St. Thomas Association of REALTORS®
Maverick Real Estate Inc., Brokerage