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697 Hale Street London, Ontario N5W 1J1

6 Bedroom
None Baseboard Heaters

$1,199,900

7 Multi-unit investment opportunity! Property zoned for mixed commercial residential. Excellent location with proximity to Fanshawe College and the downtown core. Exposure on busy Dundas Street. All units are currently tenanted. Outdoor building square footage: total of 5871 sq ft. Currently zoned for 3 main floor commercial units and 4 upper residential units. Entire property was renovated and updated in 2015 with City permits. Those updates include; exterior vinyl/steel siding, roof, windows, doors, plumbing, electrical, flooring, washrooms, kitchens, breakers, stairs, fire-resistant drywall, insulation, basement steel beams, hot water tanks, the list goes on. Units are individually temperature controlled, separately metered and individual breaker systems. Owner pays water and common-area hydro. Additional income provided from coin-operated laundry in the basement. Seven car parking at the rear. Very low operating and maintenance costs! (id:19173)

Property Details

MLS® Number 40141669
Property Type Multi-family
Amenities Near By Hospital, Schools, Shopping
Community Features High Traffic Area
Features Laundry- Coin Operated

Building

Bedrooms Total 6
Basement Development Partially Finished
Basement Type Full (partially Finished)
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Metal, Vinyl Siding
Heating Type Baseboard Heaters
Stories Total 2
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Land Amenities Hospital, Schools, Shopping
Sewer Municipal Sewage System
Size Frontage 75 Ft
Size Total Text Under 1/2 Acre
Zoning Description Asa4/asa5

https://www.realtor.ca/real-estate/23435618/697-hale-street-london

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