532-538 Dundas Street London East, Ontario N6B 1W6

5,000 - 100,000 ft2
None Baseboard Heaters, Forced Air, Radiant Heat, Not Known

$1,899,900

13 unit investment property across three buildings including a duplex, four unit building, and three storey seven unit building. Strong unit mix with 12 residential units and 1 commercial unit previously leased residentially. On site parking available with coin operated laundry in the fourplex and shared laundry in the duplex. Prime Dundas Street location near transit routes and major employers. Currently 11 of 13 units occupied at market rents. All units have been recently updated and the buildings have been well maintained. Projected gross income at full occupancy of $198,067.20 with projected NOI exceeding $125k. Professional property management currently in place and willing to remain, offering a largely hands off investment opportunity. (id:38604)

Property Details

MLS® Number X12900270
Property Type Multi-family
Community Name East F
Amenities Near By Place Of Worship, Schools
Parking Space Total 4

Building

Basement Features Apartment In Basement
Basement Type N/a
Cooling Type None
Heating Fuel Electric, Natural Gas, Other
Heating Type Baseboard Heaters, Forced Air, Radiant Heat, Not Known
Size Interior 5,000 - 100,000 Ft2
Type Other
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Land Amenities Place Of Worship, Schools
Sewer Sanitary Sewer
Size Depth 102 Ft
Size Frontage 102 Ft
Size Irregular 102 X 102 Ft
Size Total Text 102 X 102 Ft
Zoning Description Bdc Or

https://www.realtor.ca/real-estate/29491811/532-538-dundas-street-london-east-east-f-east-f

Contact Us

Contact us for more information

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Bradley Gleed
Broker

(519) 709-7355

Thrive Realty Group Inc.
660 Maitland Street
London, Ontario N5Y 2V8

(519) 204-5055

Nick Jaremko
Salesperson

(519) 852-6012
(519) 852-6012

Thrive Realty Group Inc.
660 Maitland Street
London, Ontario N5Y 2V8

(519) 204-5055

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