86 Wilson Avenue London, Ontario N6H 1X7
$1,199,000
Prime Investment Opportunity in Blackfriars! Licensed triplex with excellent cash flow, pro forma available upon request. Prime rental location within walking distance to downtown, major transit routes, Western University, Fanshawe College, White Oaks and Masonville. . Situated on a massive lot (very rare in this area), this building is everything an investor should be looking for! Three nicely sized apartments: Unit 1 consists of 3+1 bedrooms, 1 bathroom, Unit 2 consists of 3 bedrooms, 1 bathroom, and Unit 3 consists of 3 bedrooms, 1 bathroom. There is an oversized 2 car garage that is rented as well. Two separate driveways offer ample parking (6 outdoor spaces, 2 garage spaces). Enjoy scenic trails and paths along the Thames River, London Major Ball Games, and festivals/entertainment events downtown. Oversize lot offers many options for renovations or additional development. Positive cash flow even with current interest rates- buy now and enjoy additional upside as rates decrease. (id:50886)
Property Details
| MLS® Number | X9297027 |
| Property Type | Business |
| Community Name | South K |
| FarmType | Other |
| ParkingSpaceTotal | 6 |
Building
| BathroomTotal | 3 |
| Appliances | Furniture |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 3500 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 145 Ft |
| SizeFrontage | 55 Ft ,11 In |
| SizeIrregular | 55.97 X 145 Ft |
| SizeTotalText | 55.97 X 145 Ft |
| ZoningDescription | R2 |
https://www.realtor.ca/real-estate/27358999/86-wilson-avenue-london-south-k
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Chris Costello
Salesperson
Saul Teichroeb
Salesperson
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September 06 2024 12:28:08
London and St. Thomas Association of REALTORS®
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