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140 Rectory Street London, Ontario N5Z 2A3

4 Bedroom 3 Bathroom 1780
None

$499,900

Amazing triplex in the heart of London, close to Downtown & tons of amenities. This great investment opportunity offers ample parking, fenced backyard, separate hydro meters, separate entrances to each of the units and parking on both sides of the property. Unit 1 is a 1 bedroom + den and pays $745.94 monthly and is currently month to month. Unit 2 is a one bedroom + den that pays $783.00 monthly and is month to month. Unit 3 is a two bedroom that pays $1750.00 monthly and is currently leased until January 2025. None of the units are in the basement! Zoning permits an ADU, providing even greater potential and revenue opportunities. This property is a great addition to your existing portfolio or for someone looking to purchase their first investment property. Don't wait; check out this amazing opportunity today! (id:53488)

Property Details

MLS® Number 40569033
Property Type Multi-family
Amenities Near By Place Of Worship, Public Transit, Schools, Shopping
Features Crushed Stone Driveway
Parking Space Total 5

Building

Bathroom Total 3
Bedrooms Total 4
Basement Development Unfinished
Basement Type Partial (unfinished)
Cooling Type None
Exterior Finish Vinyl Siding
Heating Fuel Natural Gas
Stories Total 2
Size Interior 1780
Type Triplex
Utility Water Municipal Water

Land

Acreage No
Land Amenities Place Of Worship, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 120 Ft
Size Frontage 40 Ft
Size Total Text Under 1/2 Acre
Zoning Description R2-2

https://www.realtor.ca/real-estate/26756589/140-rectory-street-london

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Rob Hanson
Salesperson

(519) 318-1596

Thrive Realty Group Inc.
660 Maitland Street
London, Ontario N5Y 2V8

(519) 204-5055
www.thriverealtygroup.ca/

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Sales Representative for Royal Lepage Triland Realty, Brokerage

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