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393 William Street London, Ontario N6B 3C9

6 Bedroom 4 Bathroom 3125
Central Air Conditioning Forced Air

$689,900

Excellent Investment Opportunity with Over $62,700 Annual Rental Income and Upside Potential - This strategically positioned 4-plex presents a prime opportunity in London's thriving rental market, offering immediate access to downtown and public transit. Nestled in a serene neighborhood, it provides proximity to Budweiser Gardens, Victoria Park, Richmond Row, Western University, Fanshawe College, and hospitals. The property has undergone thoughtful updates, including in-suite and shared laundry facilities, ensuring modern convenience for tenants. Notably, the double-wide driveway accommodates up to 8 vehicles, an invaluable asset. With a robust annual rental income exceeding $62,700, there is untapped potential for increasing rents through unit updates. This is a not-to-be-missed investment in London's flourishing real estate market with room for further growth. (id:19173)

Property Details

MLS® Number 40536350
Property Type Multi-family
Amenities Near By Airport, Golf Nearby, Hospital, Park, Public Transit, Schools, Shopping
Equipment Type Other, Water Heater
Features Paved Driveway
Parking Space Total 8
Rental Equipment Type Other, Water Heater

Building

Bathroom Total 4
Bedrooms Total 6
Basement Development Unfinished
Basement Type Full (unfinished)
Cooling Type Central Air Conditioning
Exterior Finish Brick
Foundation Type Poured Concrete
Heating Type Forced Air
Stories Total 3
Size Interior 3125
Type Fourplex
Utility Water Municipal Water

Land

Acreage No
Fence Type Partially Fenced
Land Amenities Airport, Golf Nearby, Hospital, Park, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 75 Ft
Size Frontage 65 Ft
Size Total Text Under 1/2 Acre
Zoning Description Bdc/or

https://www.realtor.ca/real-estate/26473457/393-william-street-london

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