100 MAMELON Street, London, Ontario, N5Z1Y1 London ON CA

CAD 449,000

For Sale MLS: 40448781

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Property Details

Bedrooms

Bathrooms

Neighborhood

Hamilton Road

Basement

Partially Finished, Full

Property Type

Multi-family

Description

Located on a quiet mature street the first thing you'll notice is the extensive driveway with parking for 4 cars. This charming yellow brick property features a spacious main floor with a bedroom, a huge foyer, a welcoming living room, and 9 ft ceilings throughout. The main floor also offers a large sized eat-in kitchen with vinyl clad windows, and a 4-piece bathroom. Venturing downstairs, you'll find a partially finished basement complete with a third bedroom, ample storage space, and a convenient laundry room. The original white trim and baseboards add a touch of character to the home. In addition, this property includes a separate back unit with its own entrance. Inside, you'll find a walk-in kitchen with bright windows, a spacious bedroom with large windows, and a comfortable living room. The unit is complemented by a 4-piece bathroom that has been completely renovated, featuring newer floors and ceramic tiling. What sets this property apart is the fact that both units are currently owner-occupied, allowing you the flexibility to either rent them out as they are or add your own finishing touches to the front unit, which consists of 2 + 1 bedrooms. The possibilities for maximizing rental potential are endless. Whether you're an investor seeking a turnkey opportunity, or someone looking to personalize and enhance the property's value, this side-by-side duplex offers incredible potential. The beauty of this investment lies in the buyer's ability to renovate both units and the freedom to determine your own rental rates. Currently priced as the best-value duplex in the area, and if not the absolute top choice, it is undoubtedly a close second. The property has one meter for utilities, with the tenants sharing the costs equally or as per the landlord's preference. Don't miss out on this rare chance to own a versatile property with fantastic rental potential. Contact us today to schedule a viewing and seize this remarkable investment opportunity. (id:1937) Find out more about this property. Request details here

Location

Address

100 Mamelon Street, London, Ontario N5Z 1Y1, Canada

City

London

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