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$1,199,000
Est. payment /mo
9 BD
3 BA
Active
86 WILSON AVENUE London, ON N6H1X7
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision South K
MLS® Listing ID X9297027
Style Bungalow
Bedrooms 9
Originating Board London and St. Thomas Association of REALTORS®
Property Description
Prime Investment Opportunity in Blackfriars! Licensed triplex with excellent cash flow, pro forma available upon request. Prime rental location within walking distance to downtown, major transit routes, Western University, Fanshawe College, White Oaks and Masonville. . Situated on a massive lot (very rare in this area), this building is everything an investor should be looking for! Three nicely sized apartments: Unit 1 consists of 3+1 bedrooms, 1 bathroom, Unit 2 consists of 3 bedrooms, 1 bathroom, and Unit 3 consists of 3 bedrooms, 1 bathroom. There is an oversized 2 car garage that is rented as well. Two separate driveways offer ample parking (6 outdoor spaces, 2 garage spaces). Enjoy scenic trails and paths along the Thames River, London Major Ball Games, and festivals/entertainment events downtown. Oversize lot offers many options for renovations or additional development. Positive cash flow even with current interest rates- buy now and enjoy additional upside as rates decrease. (id:24570)
Location
Province ON
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Garage Yes
Waterfront No
View Y/N No
Total Parking Spaces 8
Private Pool No
Building
Story 1
Sewer Sanitary sewer
Architectural Style Bungalow