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188 Burnside Drive London, Ontario N5V 1B7

8 Bedroom 5 Bathroom 2708
None Forced Air

$1,027,000

Attention Investors - take notice of this exceptional opportunity! This all brick purpose-built 4-Plex is ready for your portfolio. Positioned on a spacious .479 acre pie-shaped lot with R8-4 zoning, this multifamily property is conveniently situated near various amenities. Perfect for investors or individuals seeking an income-generating venture, each unit offers 2 bedrooms and a complete basement, delivering generous living areas for tenants. Moreover, the property features storage units and a detached garage, enhancing convenience and overall value. Rents for 2024: Apt#1 pays 2150/Month | Apt#2 pays $1435/Month | Apt#3 pays $2000/Month | Apt #4 pays $1168/Month. Tenants pay all their utilities with exception of the water bill, one water heater rental and lawn care/snow removal. Great turn-key investment property. (id:53488)

Property Details

MLS® Number 40534798
Property Type Multi-family
Amenities Near By Playground, Public Transit, Shopping
Equipment Type Water Heater
Parking Space Total 11
Rental Equipment Type Water Heater

Building

Bathroom Total 5
Bedrooms Total 8
Basement Development Partially Finished
Basement Type Full (partially Finished)
Constructed Date 1961
Cooling Type None
Exterior Finish Brick Veneer
Fire Protection Unknown
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 2708
Type Fourplex
Utility Water Municipal Water

Parking

Detached Garage

Land

Acreage No
Fence Type Partially Fenced
Land Amenities Playground, Public Transit, Shopping
Sewer Municipal Sewage System
Size Frontage 59 Ft
Size Irregular 0.479
Size Total 0.479 Ac|under 1/2 Acre
Size Total Text 0.479 Ac|under 1/2 Acre
Zoning Description R8-4

https://www.realtor.ca/real-estate/26462058/188-burnside-drive-london

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Joanne Blyth
Salesperson

(519) 777-1937
(519) 649-6933
www.londonrealestatehub.com

Streetcity Realty Inc., Brokerage
519 York Street
London, Ontario N6B 1R4

(519) 649-6900
(519) 649-6933
www.streetcityrealty.com

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