18 CRAIG Street, London, Ontario, N6C1E8 London ON CA

PRIME LOCATION STEPS TO THE HEART OF WORTLEY VILLAGE! This converted century home, established in 2015, offers 4 unique units. Showcasing old world charm, gorgeous millwork, and character that isn't easily replicated, this investment offers a unique opportunity to own a stately and highly desired property. Welcoming covered porch and common foyer makes a spectacular first impression with leaded glass window, original fireplace (never used by owner), original hardwood flooring, rich wood mouldings and built-in bench seating. Unit one ($1590.19/month) on the main floor features a grand living room with bay window overlooking the gardens, large kitchen with island, separate dining room, full bath, and handsome bedroom with wood detailing, fireplace, and coffered ceiling. This unit also offers private access to the rear of the home. Unit two ($1383.75/month) is situated on the second level and includes a generous and bright living room, full bathroom, eat-in kitchen, and bedroom with original fireplace detail. This unit also has a bonus 2PC bath, walk-in storage pantry, as well as spacious closet, currently functioning as an office space. Unit three (vacant as of Sept 1, projected rent $2000/month) includes a second level kitchen/living space, full bathroom, and two bedrooms on the third storey. Lower level unit most recently refreshed (vacant as of Sept 1, projected rent $1300/month) and includes new vinyl plank flooring through kitchen, living room, bedroom, and full bath. NOI of $55,870.18 and over to 75K in annual income. Shared laundry in lower (coin operated). Newer boiler (2017). Fully licensed with fire inspection and legal fire escape. Ample parking along side of property (room for 5) with legal right of way to access as well as private drive in front with space for 4 vehicles. In the popular and ever-desired community of Wortley Village, this hot spot is always easy to rent and attracts A+ tenants. A coveted addition to your portfolio. (id:1937) Find out more about this property. Request details here