163 Emerson Street London South, Ontario N5Z 3L5

4 Bedroom 3 Bathroom 1,100 - 1,500 ft2
Central Air Conditioning Forced Air

$574,000

PROPERTY OVERVIEW AND INCOME: This legal duplex, permitted and converted in 2021, is located on a quiet street close to the hospital, frequently attracting medical professionals. The front unit features 2 bedrooms and 1 bathroom, occupied by long-term tenants at $1,200 permonth. The larger rear unit features 2 bedrooms and 2 bathrooms, rented as a mid-term furnished unit for $2,890 per month, and will be sold fully furnished. Total gross monthly income is $4,090.2021 CAPITAL IMPROVEMENTS: The entire property underwent a full, permitted renovation in 2021. Upgrades for both units include 2 full kitchens, 2 bathrooms, 2 forced-air furnaces, 2 hot water heaters, 2 otr microwaves, and 2 in-suite washers, and dryers. Exterior improvements feature new siding across the entire structure and newly added decks for each unit, each complete with natural gas barbecue connections and bbq's included! This property is immediately ready for rental income. (id:53488)

Property Details

MLS® Number X13243428
Property Type Multi-family
Community Name South I
Parking Space Total 4

Building

Bathroom Total 3
Bedrooms Above Ground 2
Bedrooms Below Ground 2
Bedrooms Total 4
Age 51 To 99 Years
Appliances Water Heater, Dishwasher, Dryer, Microwave, Hood Fan, Two Stoves, Two Washers, Window Coverings, Two Refrigerators
Basement Development Partially Finished
Basement Type N/a (partially Finished)
Construction Style Split Level Backsplit
Cooling Type Central Air Conditioning
Exterior Finish Vinyl Siding
Fire Protection Smoke Detectors
Foundation Type Concrete, Block
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 1,100 - 1,500 Ft2
Type Duplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 158 Ft ,4 In
Size Frontage 39 Ft ,9 In
Size Irregular 39.8 X 158.4 Ft
Size Total Text 39.8 X 158.4 Ft
Zoning Description R2-3

https://www.realtor.ca/real-estate/29856645/163-emerson-street-london-south-south-i-south-i

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Ian Cameron
Salesperson

(519) 649-6900

Streetcity Realty Inc.

(519) 649-6900

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