$ 749.900

387 Horton Street E, London

  • Bedrooms: 7
  • Bathrooms: 5
  • Living area: 3000 square feet
  • Added: 100 days ago
  • Updated: 24 days ago
  • Last Checked: 11 hours ago
Exciting Investment Opportunity! Highly desirable rental property conveniently located near downtown. This three-unit building is situated on a spacious lot, within walking distance to downtown and near major transit routes. Units 1 and 2 offer two bedrooms and one bathroom each on the ground level. Unit 3, located on the upper level, is divided into three separate units (A, B, and C). Unit A features 2 bedrooms and 1 bathroom, Unit B has 1 bedroom and 1 bathroom, and Unit C is a bachelor unit with a bathroom. Experience the beauty of scenic trails along the Thames River, attend major ball games in London, and enjoy various festivals and entertainment events downtown. This property generates a net income of $58,000 annually, with a Pro Forma worksheet available for review upon request. With a remarkable cap rate of 7.1%, this investment opportunity is not to be missed. Act swiftly to seize this lucrative opportunity! (id:1945)
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Property DetailsKey information about 387 Horton Street E

  • Heating: Forced air, Natural gas
  • Stories: 2
  • Structure Type: Other
  • Exterior Features: Stucco, Vinyl siding
  • Foundation Details: Concrete

Interior FeaturesDiscover the interior design and amenities

  • Basement: Unfinished, Crawl space
  • Bedrooms Total: 7

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 387 Horton Street E

  • Water Source: Municipal water
  • Parking Total: 4
  • Lot Size Dimensions: 33 x 165 FT

Location & CommunityUnderstand the neighborhood and community

  • Directions: Colborne & Horton
  • Street Dir Suffix: East

Utilities & SystemsReview utilities and system installations

  • Sewer: Sanitary sewer

Tax & Legal InformationGet tax and legal details applicable to 387 Horton Street E

  • Tax Annual Amount: 2490
  • Zoning Description: R8-4,AC4
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Nearby Listings Stat

Active listings
3
Min Price
$519,900
Max Price
$949,999
Avg Price
$739,933
Days on Market
108 days
Sold listings
2
Min Sold Price
$1,249,000
Max Sold Price
$1,499,900
Avg Sold Price
$1,374,450
Days until Sold
85 days

Nearby Places

Name
Type
Address
Distance
Hilton London
Bar
300 King St
0.6 km
Delta London Armouries Hotel
Bar
325 Dundas St
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Amici Italian Restaurant
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London
0.6 km
London railway station (Ontario)
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0.7 km
Catholic Central High School
School
450 Dundas St
0.7 km
H. B. Beal Secondary School
It is named after Herbert Benson Beal, the founder...
0.7 km
The Canadian Medical Hall of Fame
Museum
267 Dundas St
0.7 km
Canadian Medical Hall of Fame
It has a museum in London, Ontario, and has an ann...
0.8 km
London Public Library
Library
251 Dundas St
0.8 km
Catholic Central High School (London, Ontario)
The new building was a Junior High School with gra...
0.8 km
London Public Library
All locations offer art exhibits, programs for adu...
0.8 km
More Details?
KEN PATPATIA
  • KEN PATPATIA
  • CENTURY 21 FIRST CANADIAN CORP
  • 519-673-3390

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