Affordable 8-Plex Investment with Upside Potential Dundas & Oakland! Located at the corner of Dundas Street and Oakland Avenue, this fully tenanted 8-unit residential building presents a prime opportunity for investors seeking an income property with immediate value-add potential. The property includes five one-bedroom units, two two-bedroom units, and one bachelor unit, all with separately metered hydro, giving future owners flexibility to optimize utility cost recovery. The garage, and the basement space are currently vacant, offering immediate room to increase income. Highlights: 8 total units (5 x 1-bed, 2 x 2-bed, 1 bachelor) Hydro individually metered 5 surface parking spots + single-car garage. Vacant basement under 1265 has 2-piece bath + plumbing for laundry; Garage and basement can be rented for storage or workshop space.This is an excellent opportunity for hands-on investors or renovators ready to reposition a well-located 8plex in one of Londons accessible, transit-served neighbourhoods. Book your private showing today and unlock the full potential of this income property! (id:53488)
MLS® Number | X12174559 |
Property Type | Multi-family |
Community Name | East M |
Amenities Near By | Public Transit, Schools, Place Of Worship |
Community Features | School Bus |
Parking Space Total | 4 |
Bathroom Total | 9 |
Bedrooms Above Ground | 9 |
Bedrooms Total | 9 |
Appliances | Water Heater, Stove, Refrigerator |
Basement Type | Partial |
Exterior Finish | Brick, Vinyl Siding |
Foundation Type | Block |
Half Bath Total | 1 |
Heating Fuel | Electric |
Heating Type | Baseboard Heaters |
Size Interior | 3,500 - 5,000 Ft2 |
Type | Other |
Utility Water | Municipal Water |
Detached Garage | |
Garage |
Acreage | No |
Land Amenities | Public Transit, Schools, Place Of Worship |
Sewer | Sanitary Sewer |
Size Depth | 126 Ft ,10 In |
Size Frontage | 32 Ft ,1 In |
Size Irregular | 32.1 X 126.9 Ft |
Size Total Text | 32.1 X 126.9 Ft |
Zoning Description | Ac4 R2 |
https://www.realtor.ca/real-estate/28369286/1267-dundas-street-london-east-east-m-east-m
Contact us for more information
Durga Prasad Aaripaka
Salesperson
(519) 673-3390
Richard Salhani
Salesperson
(519) 673-3390
No Favourites Found
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Sales Representative for Royal Lepage Triland Realty, Brokerage
YOUR LONDON, ONTARIO REALTOR®
Phone: 226-268-9880
You can rely on us to be a realtor who will advocate for you and strive to get you what you want. Reach out to us today- We're excited to hear from you!
Phone: 519-639-0228
© 2023 Melanie Pearce- All rights reserved | Made with ❤️ by Jet Branding