London, ON N6A3Z8,763 COLBORNE STREET
London, ON N6A3Z8,763 COLBORNE STREET
London, ON N6A3Z8,763 COLBORNE STREET
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$799,900
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6 BD
3 BA
Active

763 COLBORNE STREET London, ON N6A3Z8

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision East B

MLS® Listing ID X9251807

Bedrooms 6

Originating Board London and St. Thomas Association of REALTORS®

Property Description

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:24570)

Location

Province ON

Interior

Heating Forced air

Exterior

Garage No

Waterfront No

View Y/N No

Total Parking Spaces 5

Private Pool No

Building

Story 2

Sewer Sanitary sewer


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Listed by CENTURY 21 FIRST CANADIAN CORP

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Peter Twolan

Broker | License ID: 4779593

+1(613) 668-8422

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763 COLBORNE STREET