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353 Central Avenue London, Ontario N6B 2E3

8 Bedroom 4 Bathroom 3151 sqft
None Baseboard Heaters

$999,999

Welcome to your new investment property! 4 self-contained units await in the heart of London. Steps from Wellington and Richmond, walking distance to shopping, groceries, bars, restaurants. Close to downtown, just blocks away from the train station. Each unit is separately metered for hydro. Unit 1 features 1 bedroom on the main floor, with 2 in the basement, washer/dryer, dishwasher and 2 parking spots. Unit 2- 2 beds, washer/dryer, dishwasher. Unit 3- 1 bedroom, 1 parking spot. Unit 4- 2 beds, washer/dryer, 2 parking spots and use of backyard. Check out the detailed floor plan in attachments for a great breakdown of each unit. Each unit is heated by electric baseboards, with tenants paying hydro. Landlords pay water and gas. Asphalt shingle roof done in 2019. 3 units currently rented with unit 1 being vacant, but in the place property manager is actively looking for a new tenant or better yet, move into unit 1 and let the others pay your mortgage! This is a turn-key rental property that will add considerable value to your current holdings or make a great first investment! (id:27910)

Property Details

MLS® Number 40637448
Property Type Multi-family
AmenitiesNearBy Park, Place Of Worship, Public Transit
ParkingSpaceTotal 4

Building

BathroomTotal 4
BedroomsTotal 8
BasementDevelopment Finished
BasementType Partial (finished)
CoolingType None
ExteriorFinish Brick
FoundationType Poured Concrete
HeatingFuel Electric
HeatingType Baseboard Heaters
StoriesTotal 3
SizeInterior 3151 Sqft
Type Fourplex
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Park, Place Of Worship, Public Transit
Sewer Municipal Sewage System
SizeDepth 133 Ft
SizeFrontage 34 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription Residential