235 Hamilton Road, London East L
- Bedrooms: 11
- Bathrooms: 6
- Added: 44 days ago
- Updated: 15 days ago
- Last Checked: 13 days ago
MONEY MAKER! Legal Five-Unit Property FULLY LEASED! Consisting Of Four Two-Bedroom Units And One Large Three-Bedroom Unit. Each Unit Has One Bath, Kitchen, And Its Own Private Laundry. Meticulously Updated. All Units Are Large In Size And Each Has Its Own Hydro Meter And Separate Entrance. Located In An Excellent Rental Area. Annual Income Projected At $95,340 Per Year. Unit #1 Rented At $1,550 + Hydro, Unit #2 Rented At $1,500 + Hydro, Unit #3 Rented At $1,300 + Hydro, Unit #4 Rented At $1,600 + Hydro, Unit #5 Rented At $1,900 + Hydro. Cap Rate Of 6.9%. An Amazing Investment Opportunity With All Units Currently Tenanted At Market Rents. Annual Income $94,200. The Buyer And The Buyer's Agent Are Responsible For Verifying All Income And Expenses. (id:1945)
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Property Details
- Heating: Forced air, Natural gas
- Stories: 2
- Structure Type: Other
- Exterior Features: Brick, Vinyl siding
- Foundation Details: Unknown
Interior Features
- Basement: Partial
- Bedrooms Total: 11
Exterior & Lot Features
- Water Source: Municipal water
- Lot Size Dimensions: 39.34 x 108.26 FT ; 129.91ft x 32.00ft x 108.26ft x 39.94ft
Location & Community
- Directions: Adelaide Street N/Hamilton Rd
Utilities & Systems
- Sewer: Sanitary sewer
Tax & Legal Information
- Tax Annual Amount: 6012
- Zoning Description: BDC(35) H13
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