Address
1037 RICHMOND Street London, ON
Price
$ 899,900
Property Attributes
  • MLS#40014610
  • TypeSingle Family
  • CityLondon
  • AreaLondon and St Thomas
  • NeighbourhoodNorth London
  • Postal CodeN6A 3J6
  • Style
  • Price$ 899,900
  • Bedrooms4
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Century 21 First Canadian Corp
Property Description

Attention investors. Great Investment opportunity..Prime location walking distance to UWO. TURNKEY licensed student rental duplex that has been renovated top to bottom. Two 4 bedroom units rented until April 2021. Existing rent income (all rented) +/-($560. x 4 and $570.00 x 4) x 12 = $54240.00. Based on current average rents for A1 investment properties potential increase of up to 5% for new tenants in 2021. Rents include heat. Tenants pay electricity and water. Renovations include all windows, aluminum soffit, fascia and eaves troughs, all wiring throughout 2 meters, 2 electrical panels with 100 amp service, all plumbing throughout. One boiler with 3 heating zones and three thermostats. Kitchens, 4 bathrooms and all flooring either refinished or renovated. Decorated and painted throughout. Parking for 6+ vehicles. Property comes with rental license. Showings will be Tuesday, Thursdays and Saturday 1-4 pm. with 24 hrs notice and comply to Covid19 showing protocol. Listed in conjunction with 1073 Richmond St (MLS#40015337) as well. Both are available together or seperately. If both purchased one must close in 2020 and the other in 2021

Price History
9/29/2020 Listed $899,900

General Features

Acres < 0.5
Beds 4
Garage no
Inclusions CARBONMONOX, WATERTANK
Listing Type Investment
Parking no
Terms SALE
Wheel Chair Access no
Zoning R3-2

Interior Features

Bedrooms 4
Fireplace no

Exterior Features

Lot Frontage 50.00
Pool Y/N no

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in N6A 3J6

Price
AVG $900K
$900K
Visits
AVG 26
25
Walkscore
AVG 50
50
Data Provided by Walkscore ® not using MLS data

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