69 Oliver Street London, Ontario N5Z 2E8
$1,390,000
Prime Real Estate Brokerage is pleased to present 69 Oliver Street. This purpose-built 3-storey walkup consists of five (5) spacious 2-bedroom units and one (1) large 1-bedroom unit and represents a highly demanded investment opportunity in London's east end. Concrete and brick construction makes this asset built to last. Significant room to increase rents, especially as the rental market continues to strengthen in London. With approximately 105% upside to market rents, step into this stable, cash-generating building, and add value through renovations as units turnover. The property features separately metered hydro which delivers a low operating expense ratio and will contribute to greater cashflow as rents are increased. (id:24910)
Property Details
| MLS® Number | 40331732 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Park, Public Transit, Schools, Shopping |
| Community Features | Quiet Area |
| Features | Corner Site, Park/reserve, Laundry- Coin Operated |
| Parking Space Total | 4 |
Building
| Bathroom Total | 6 |
| Bedrooms Total | 11 |
| Basement Type | None |
| Constructed Date | 1958 |
| Construction Material | Concrete Block, Concrete Walls |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Brick, Concrete |
| Fire Protection | None |
| Fireplace Present | No |
| Foundation Type | Block |
| Heating Type | Hot Water Radiator Heat |
| Stories Total | 3 |
| Size Interior | 5400 |
| Utility Water | Municipal Water |
Land
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Hospital, Park, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 105 Ft |
| Size Frontage | 52 Ft |
| Size Irregular | 0.128 |
| Size Total | 0.128 Ac|under 1/2 Acre |
| Size Total Text | 0.128 Ac|under 1/2 Acre |
| Zoning Description | R8-4 |
https://www.realtor.ca/real-estate/24931993/69-oliver-street-london
Interested?
Contact us for more information
Jamie Dodds
Salesperson
https://www.linkedin.com/in/jamie-dodds-300a9b42/
302-200 Villagewalk Boulevard
London, Ontario N5X 0A6
(519) 473-9992
www.primebrokerage.ca
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
London and St. Thomas Association of REALTORS®
Prime Real Estate Brokerage
October 03 2022 04:29:09
