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Danielle Pinnock

[email protected] +1(519) 671-7653

$ 825,900

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Active

184 Simcoe ST London, ON N6B 1H9

5 Beds

4 Baths

UPDATED:

11/16/2024 01:39 AM

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

MLS Listing ID X9379118

Style 2-Storey

Bedrooms 5

Annual Tax Amount $3,445

Tax Year 2024

Property Description

**Seller willing to Hold Financing!** 1st mortgage @6%/yr**legal Rent increases due(+$100/m)** Well Managed, Turn key in Good repair! Brick building with 5 + parking, 4 Separate meters, Coin Washer & Dryer. Unit#1($1,640/m): Front door access on Main level, 1+1 bed, 4 pcs bath, recently renovated, Pot Lights , laminate flooring. Unit#2($1,050/m): Access through rear, main level door, 1 Bed, 4 pcs bath, renovated with pot lights & laminated floor. Unit#3($1,300/m): Access through rear main level door, use common area stair to second level, 1 Bed, 4 pcs bathroom , eat in kitchen, laminate flooring. Unit#4($1,230/m): Access through rear lower level door, 1 Bed+den, kitchen living combined, 4 pcs bathroom. Coin Laundry ($150/m): through rear lower Level door, Landlord pays electric meter for common area coin laundry, Storage & utility room. All units heated by baseboard electric. Deep lot for additional potential. R3-1 Zoning allows Fourplex. This property currently ***Under Power of Sale*** Buyer will complete their own due diligence, accept the property as is. Seller cannot offer any warranties. NET INCOME $55,759 (buyer to verify)

Location

State ON

County Middlesex

Community East K

Area Middlesex

Region East K

City Region East K

Rooms

Family Room Yes

Basement Finished, Separate Entrance

Kitchen 4

Separate Den/Office 1

Interior

Interior Features Other

Cooling None

Inclusions Currently on the property : common area Coin Washer and Dryer, gas Tankless hot water system, in possession of Seller, with ownership unknown.

Exterior

Parking Features Private

Garage Spaces 4.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 38.55

Lot Depth 197.74

Total Parking Spaces 4

Building

Foundation Concrete Block

Listed by CENTURY 21 MILLENNIUM INC.

Danielle Pinnock

+1(519) 671-7653

Danielle Pinnock

184 Simcoe ST London, ON N6B 1H9

Key Details

Location

Rooms

Interior

Exterior

Building

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184 Simcoe ST