$599,900

62 Grand Avenue

London ON, N6C 1L7

Description

Ideal Investment Opportunity! Fully rented! Excellent long term tenants that would love to stay! Legal Duplex recently brought up to code and licensed, located in old south minutes away from downtown, shopping and public transportation. Main floor features a 2 bdrm unit with decorative fireplace, and a 3 piece bath. Upper unit is a 3 bdrm and a 4 piece bath makes for great potential income. Basement is full with its own walkout. Dont miss out on this perfect Income producer in a quiet area and excellent location! Main and upper currently rented at $28,140/annum with additional potential for storage and/or coin laundry in the lower unit. Low expenses and development potential in basement make this an excellent money maker.

Details

MLS#40091718
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1920
Days On Site7

Features

SQ Feet1,894
Units2
Building(s)1
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Area Information
ProvinceON
CountyMiddlesex
CityLondon
Postal CodeN6C 1L7
AreaSouth
Listing VS Median (in N6C 1L7)
Price:
$599,900
low | high
Med:
$699,450
33.405567594599% of Average
SqFt:
1,894
low | high
Med:
750
100% of Average
$ / SqFt:
$317
low | high
Med:
$266
65.913430016114% of Average
On Site:
7
low | high
Med:
12.500000
56% of Average
Sourced by Back At You
Listing Updated: April 11, 2021 8:00:38 PM PDT
RICK PRITCHARD LogoMLS Number: 40091718
Listing Provided By:
RICK PRITCHARD  of  EXP REALTY
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