763 Colborne Street, London East B
- Bedrooms: 6
- Bathrooms: 3
- Type: Triplex
- Added: 37 days ago
- Updated: 15 days ago
- Last Checked: 13 days ago
Exciting Update on Rental Property! Achieving a 5.1% Cap Rate with Over $50,000 in Gross Income! Explore this property with an exceptionally deep lot, just moments away from Downtown, Western University, Fanshawe College, St. Joseph's Hospital, and numerous amenities. This two-story brick residence is fully occupied and ready for a new owner. It comprises lower, first, and second-floor units, each with its own entrance. The lower and first-floor units include utilities, while the second unit is separately metered for electricity. Additional revenue streams come from local businesses leasing parking spaces at the rear of the property. Don't miss out on this opportunity to own a slice of downtown London! Income and expense details are available upon request. This property is completely turnkey! (id:1945)
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Property Details
- Heating: Forced air, Natural gas
- Stories: 2
- Structure Type: Triplex
- Exterior Features: Concrete
- Foundation Details: Block
Interior Features
- Basement: Finished, Full
- Bedrooms Total: 6
Exterior & Lot Features
- Water Source: Municipal water
- Parking Total: 5
- Lot Size Dimensions: 31.99 x 251 FT
Location & Community
- Directions: Left onto Colborne from Oxford heading East.
Utilities & Systems
- Sewer: Sanitary sewer
Tax & Legal Information
- Tax Year: 2024
- Tax Annual Amount: 5508
- Zoning Description: R2-2
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