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$ 348,888
Est. payment /mo
Open Wed 12PM-2PM
1 RATHGAR Street London, ON N5Z1Y3
5 Beds
2 Baths
1,505 SqFt
Open House
Wed Oct 01, 12:00pm - 2:00pm
Fri Oct 03, 3:00pm - 5:00pm
Sat Oct 04, 10:00am - 1:00pm
Sat Oct 04, 11:00am - 1:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,505 sqft
Price per Sqft $231
Subdivision East L
MLS® Listing ID 40753864
Bedrooms 5
Year Built 1909
Lot Size 2,657 Sqft
Acres 0.061
Property Sub-Type Freehold
Source Cornerstone Association of REALTORS®
Property Description
This legal side-by-side 1.5 story duplex near London's core features a separately metered very spacious split level two bed unit with basement and a main level one bed unit. Oppurtunity knocks, it's calling the right buyer with high rent potential ($3100+/month for both units; more for ambitious Buyer that opts to add an additional unit[s]). This is a very large duplex, one of the larger ones in the area, above ground square footage on ground level and a lofted upper level in both units, along with unfinsihed basement space offering lots of development potential. Both units feature seperate entrances and one unit also has backyard access. Solid dual income rental property or for someone looking for income offset potential to live in one unit and use the rent from the other unit to pay down the mortgage. Clear height of basement throughout majority of basement is around 6'5; making it viable for additonal finished space or possibly a future third unit incorporating part of the main level. Consideration for adding addtional unit(s) will be at the discretion of the Buyer and entirelt up to their due dilligence. Property is being sold as is/ where is without any warrenties from the Seller. Property is now being offered with vacant possession and is currently vacant. This property is close to the downtown core, near to many elementary, secondary and specialized schools, offers access to ample public transist routes, and is in close proximity to hospitals. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Cooling Central air conditioning
Exterior
Parking Features No
Fence Fence
Community Features Industrial Park, Community Centre, School Bus
View Y/N No
Total Parking Spaces 2
Private Pool No
Building
Story 1.5
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by EXP REALTY
