235 Hamilton Road, London, Ontario N5Z 1P9 (27255374) – Ravi Bedi


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235 Hamilton Road London, Ontario N5Z 1P9

11 Bedroom 5 Bathroom 3668 sqft
None Forced Air

$999,800

MONEY MAKER! Legal Five-Unit Property FULLY LEASED! Consisting Of Four Two-Bedroom Units And One Large Three-Bedroom Unit. Each Unit Has One Bath, Kitchen, And Its Own Private Laundry. Meticulously Updated. All Units Are Large In Size And Each Has Its Own Hydro Meter And Separate Entrance. Located In An Excellent Rental Area. Annual Income Projected At $95,340 Per Year. Unit #1 Rented At $1,550 + Hydro, Unit #2 Rented At $1,500 + Hydro, Unit #3 Rented At $1,300 + Hydro, Unit #4 Rented At $1,600 + Hydro, Unit #5 Rented At $1,900 + Hydro. Cap Rate Of 6.9%. An Amazing Investment Opportunity With All Units Currently Tenanted At Market Rents. Annual Income $94,200. The Buyer And The Buyer's Agent Are Responsible For Verifying All Income And Expenses. (id:50617)

Property Details

MLS® Number 40629657
Property Type Multi-family
AmenitiesNearBy Public Transit, Shopping
EquipmentType Water Heater
RentalEquipmentType Water Heater

Building

BathroomTotal 5
BedroomsTotal 11
BasementDevelopment Unfinished
BasementType Crawl Space (unfinished)
ConstructedDate 1888
CoolingType None
ExteriorFinish Brick, Vinyl Siding
FoundationType Unknown
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 3668 Sqft
UtilityWater Municipal Water

Parking

None

Land

AccessType Road Access
Acreage No
FenceType Fence
LandAmenities Public Transit, Shopping
Sewer Municipal Sewage System
SizeFrontage 39 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription Bdc(35) H13

https://www.realtor.ca/real-estate/27255374/235-hamilton-road-london

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