22 Palace Street London, Ontario N6B 3A6

8 Bedroom 2 Bathroom
Wall Unit Baseboard Heaters


Fully renovated licensed legal duplex located in desirable Woodfield steps to restaurants, parks, trails and walking distance to downtown London. multiple options available with both units currently vacant. This purpose-built duplex is a Landlords dream & is perfect for investors looking for a turnkey property with strong cash flow with a projected cap rate of over 8%. Separate heat, separate hydro and separate water meters! Each unit has their own laundry. Both units have 4 good sized bedrooms and a 4 piece bathroom, a large family room with gas fireplace and separate dining space as well as an eat in kitchen. 4\\6 parking spaces located on site. Both units are FULLY VACANT allowing the new Buyer to set their own rents Current market rents for EACH unit is $3200 plus utilities is easily attainable with its proximity to downtown and UWO & Fanshawe College. (id:19173)

Property Details

MLS® Number X8322168
Property Type Single Family
Community Name East F
Amenities Near By Park, Place Of Worship, Schools
Parking Space Total 4


Bathroom Total 2
Bedrooms Above Ground 4
Bedrooms Below Ground 4
Bedrooms Total 8
Appliances Dryer, Refrigerator, Stove, Two Washers, Two Stoves, Washer
Cooling Type Wall Unit
Exterior Finish Vinyl Siding, Brick
Foundation Type Poured Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 2
Type Duplex
Utility Water Municipal Water


Acreage No
Land Amenities Park, Place Of Worship, Schools
Sewer Sanitary Sewer
Size Depth 94 Ft
Size Frontage 45 Ft
Size Irregular 45.25 X 94 Ft ; 94.24 X 45.41 Ft X 94.23 Ft X 45.41 Ft
Size Total Text 45.25 X 94 Ft ; 94.24 X 45.41 Ft X 94.23 Ft X 45.41 Ft|under 1/2 Acre
Zoning Description R3-2


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