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353 Central Avenue London, Ontario N6B 2E3

8 Bedroom 4 Bathroom
Baseboard Heaters

$999,999

Welcome to your new investment property! 4 self-contained units await in the heart of London. Steps from Wellington and Richmond, walking distance to shopping, groceries, bars, restaurants. Close to downtown, just blocks away from the train station. Each unit is separately metered for hydro. Unit 1 features 1 bedroom on the main floor, with 2 in the basement, washer/dryer, dishwasher and 2 parking spots. Unit 2- 2 beds, washer/dryer, dishwasher. Unit 3- 1 bedroom, 1 parking spot. Unit 4- 2 beds, washer/dryer, 2 parking spots and use of backyard. Check out the detailed floor plan in attachments for a great breakdown of each unit. Each unit is heated by electric baseboards, with tenants paying hydro. Landlords pay water and gas. Asphalt shingle roof done in 2019. 3 units currently rented with unit 1 being vacant, but in the place property manager is actively looking for a new tenant. This is a turn-key rental property that will add considerable value to your current holdings or make a great first investment! **** EXTRAS **** Rent for each unit: Unit 1- Rented in the past for $2,050 (3 bed), Unit 2- Rented for $1,500 (2 bed), Unit 3- $544.50 (1 bed), Unit 4- $1,800 (2 bed). Current property manager in place charges 7% of monthly rent. (id:50787)

Property Details

MLS® Number X9295385
Property Type Single Family
Community Name East F
Parking Space Total 4

Building

Bathroom Total 4
Bedrooms Above Ground 6
Bedrooms Below Ground 2
Bedrooms Total 8
Basement Development Finished
Basement Type Partial (finished)
Construction Style Attachment Detached
Exterior Finish Brick
Foundation Type Poured Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 3
Type House
Utility Water Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 132 Ft ,6 In
Size Frontage 34 Ft ,1 In
Size Irregular 34.12 X 132.58 Ft
Size Total Text 34.12 X 132.58 Ft

Rooms

Level Type Dimensions
Second Level Bedroom 3.25 m x 3.76 m
Basement Bedroom 2 3.1 m x 5.11 m
Basement Bedroom 3 3.44 m x 5.1 m
Main Level Living Room 4.99 m x 3.72 m
Main Level Bedroom 2 4.45 m x 3.09 m
Main Level Bedroom 3.96 m x 3.74 m
Main Level Dining Room 2.39 m x 2.39 m
Main Level Kitchen 3.08 m x 3.44 m
Main Level Kitchen 3.31 m x 3.37 m
Main Level Living Room 3.3 m x 4.94 m
Main Level Dining Room 3.21 m x 3.74 m
Main Level Bedroom 2.72 m x 3.54 m

https://www.realtor.ca/real-estate/27354942/353-central-avenue-london-east-f

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