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763 Colborne Street London, ON

$799,900
|
6 Beds
|
  3 Full
|

PROPERTY INFO

Exciting Update on Rental Property! Achieving a 5.1% Cap Rate with Over $50,000 in Gross Income! Explore this property with an exceptionally deep lot, just moments away from Downtown, Western University, Fanshawe College, St. Joseph's Hospital, and numerous amenities. This two-story brick residence is fully occupied and ready for a new owner. It comprises lower, first, and second-floor units, each with its own entrance. The lower and first-floor units include utilities, while the second unit is separately metered for electricity. Additional revenue streams come from local businesses leasing parking spaces at the rear of the property. Don't miss out on this opportunity to own a slice of downtown London! Income and expense details are available upon request. This property is completely turnkey! (id:4555)

PROPERTY SPECS

Listing ID X9251807
Address 763 COLBORNE STREET
City London, ON
Price $799,900
Bed / Bath 6 / 3 Full
Construction Concrete
Land Size 31.99 x 251 FT
Type Triplex
Status For sale

EXTENDED FEATURES

Basement FullBasement Development FinishedParking 5Foundation BlockHeating Forced airHeating Fuel Natural gasUtility Water Municipal water Date Listed 2024-08-13 16:01:46Days on Market 101Parking 5
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226.881.0754

REQUEST MORE INFORMATION

LISTING OFFICE:
Century First Canadian Corp, Durga Prasad Aaripaka
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