$579,000
34 Adelaide ST S London, ON N5Z 3K2
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$579,000
Est. payment /mo
4 BD
6 BA
New
34 Adelaide ST S London, ON N5Z 3K2
UPDATED:
11/21/2024 08:55 PM
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
MLS Listing ID X10440638
Style 2-Storey
Bedrooms 4
Annual Tax Amount $2,658
Tax Year 2024
Property Description
This investment property is located in the heart of London, offering a mix of six well-maintained apartments: four one-bedroom units and two studios. Four of the units are currently occupied by long-term tenants, providing immediate rental income, while two recently renovated units remain vacant, offering potential for higher returns. The property boasts an estimated net income of approximately $31,000 per year. Its central location offers excellent connectivity to public transit, with easy access to all local amenities, ensuring strong demand for both current and future tenants.
Location
Province ON
County Middlesex
Area South I
Rooms
Family Room No
Basement Full, Finished
Kitchen 6
Interior
Interior Features Separate Hydro Meter
Cooling None
Fireplace No
Heat Source Other
Exterior
Garage Private
Garage Spaces 6.0
Pool None
Waterfront No
Roof Type Asphalt Shingle
Total Parking Spaces 7
Building
Unit Features School,Rec./Commun.Centre,Public Transit,Park
Foundation Unknown
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.