LOADING

169 Adelaide Street N London, Ontario N6B 3G9

3 Bedroom 6 Bathroom 2500
None Forced Air

$900,000

FULLY LEASED TURNKEY COMMERCIAL & RESIDENTIAL 6-PLEX with a 6+% CAP RATE! Current monthly income is $5,460 with an annual Net Operating Income (NOI) of $54,664.06. If you're looking to grow your investment portfolio, don't miss out on this one. Great commercial tenant in place with lease until 2024. Commercial tenant also occupies 2 other units in the building. Paved parking for 4 cars in the driveway and 2 more dedicated parking spots at the front of property. This property has 5 hydro meters with a full and clean unfinished basement with separate entrance. Add this money-maker to your portfolio today! (id:19173)

Property Details

MLS® Number 40259220
Property Type Multi-family
Amenities Near By Public Transit
Communication Type High Speed Internet
Community Features High Traffic Area
Features Corner Site
Parking Space Total 6

Building

Bathroom Total 6
Bedrooms Total 3
Basement Development Unfinished
Basement Type Full (unfinished)
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Brick
Fire Protection Smoke Detectors
Foundation Type Unknown
Heating Type Forced Air
Stories Total 2
Size Interior 2500
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit
Sewer Municipal Sewage System
Size Depth 61 Ft
Size Frontage 48 Ft
Size Total Text Under 1/2 Acre
Zoning Description Ac4, Rs- 4

Utilities

Cable Available
Natural Gas Available

https://www.realtor.ca/real-estate/24401698/169-adelaide-street-n-london

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