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840 Richmond Street London, Ontario N6A 3H8

7 Bedroom 3 Bathroom 2500
None

$1,200,000

Amazing investment opportunity in this beautifully renovated Classic Yellow Brick Triplex in North London. Ideally located only blocks from Richmond Row and UWO, and Hospital facilities. This location is sure to provide uninterrupted tenancy and secure income for years to come. The (3) three bedroom main floor unit leases for $2100 per month plus hydro, the (1) one bedroom main floor unit leases for $1195 per month plus hydro. There is also a spacious (3) three bedroom upper floor unit that leases for $2100 per month plus hydro. A long list of renovations and upgrades include but are not limited to 40 years shingles (2010), 98% efficient Boiler (2010), electrical fully updated and separately metered (2016), triple pane windows (2009), 18 inches of blown attic insulation (2016), upgrades to both (3) three bedroom units (2016) with commercial grade laminate flooring covering area living spaces, ceramic tiles in bathrooms and kitchen floors, granite countertops, glass showers, in suite laundry, LED lighting, new plumbing and integrated smoke and CO2 detectors. The private driveway will accommodate parking for 4 vehicles. City of London Rental License validated February 2022. New water supply lines from city installed 2016. Asbestos Abatement Certification of Removal available. Fantastic turn key investment! Always Easy to Rent with so many sources in the Rental Pool for this area. All Tenants on a 12 month lease. (id:24910)

Property Details

MLS® Number 40266403
Property Type Multi-family
Amenities Near By Hospital, Public Transit
Equipment Type Water Heater
Parking Space Total 5
Rental Equipment Type Water Heater

Building

Bathroom Total 3
Bedrooms Total 7
Basement Development Unfinished
Basement Type Crawl Space (unfinished)
Construction Style Attachment Attached
Cooling Type None
Exterior Finish Brick
Fire Protection Smoke Detectors
Fireplace Present No
Foundation Type Unknown
Heating Fuel Natural Gas
Stories Total 2
Size Interior 2500
Type Triplex
Utility Water Municipal Water

Parking

Detached Garage

Land

Acreage No
Fence Type Partially Fenced
Land Amenities Hospital, Public Transit
Sewer Municipal Sewage System
Size Depth 107 Ft
Size Frontage 34 Ft
Size Total Text Under 1/2 Acre
Zoning Description Oc6(a)

https://www.realtor.ca/real-estate/24479489/840-richmond-street-london

Interested?

Contact us for more information


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Mark Laskey
Broker of Record

(519) 852-1445
www.marklaskey.com
ca.linkedin.com/in/mark-laskey-55488019
twitter.com/marklaskey

Fivewalls Realty, Brokerage
140-201 King Street
London, Ontario N6A 1C9

(844) 959-2557

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