24 Fairview Court, London
- Bedrooms: 7
- Bathrooms: 2
- Living area: 1757 square feet
- Type: Residential
- Added: 7 days ago
- Updated: 7 days ago
- Last Checked: 2 hours ago
Explore this meticulously renovated home, presenting a lucrative investment opportunity with potential monthly earnings of up to $6,000. This expansive property boasts 7 bedrooms on a sizable lot of 79.81 x 216.9 feet. The main floor features 4 bedrooms, complemented by 3 additional bedrooms in the newly renovated basement. Each level includes complete living areas, fully equipped kitchens, and modern bathrooms, perfect for generating rental income, accommodating in-law suites, or multi-generational living. With a separate basement entrance ensuring privacy and convenience, the property offers flexibility live in one section while renting out the other, or maximize returns by leasing the entire space. Benefit from a strong cap rate ranging from 8% to 10%. Additional features such as a durable metal roof, an extended paved driveway for 8 cars, and a spacious backyard enhance rental appeal. Positioned on an expansive lot, this property not only provides a comfortable residence but also promises a path to financial success. Schedule a showing today to witness the potential for profitable returns and adaptable living arrangements your journey to financial freedom begins here! (id:1945)
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Nearby Listings Stat
Active listings
87
Min Price
$149,999
Max Price
$924,900
Avg Price
$518,238
Days on Market
40 days
Sold listings
38
Min Sold Price
$224,900
Max Sold Price
$1,300,000
Avg Sold Price
$539,258
Days until Sold
46 days
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