350 RICHMOND Street, London, Ontario, N6A3C3 London ON CA

CAD 1,275,000

For Sale MLS: 40345993

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Property Details

Bedrooms

Bathrooms

Neighborhood

Central London

Basement

Full (Finished)

Property Type

Multi-family

Description

6.8% cap rate on quality downtown London investment opportunity! Proforma net operating income (after expenses) = $86,644. The property offers six (6) turnkey residential apartments and one (1) commercial unit. The commercial (retail) unit is comprised of approximately 2,000 square feet on the main floor and an additional 2,000 square feet of full height basement space which has a separate walk-out entrance in the front and the rear of the building for added income potential. Main floor commercial space currently vacant offering great owneroccupier potential or investment with continued improvements being made in the core. Detail rent roll and expenses available upon request. (id:1937) Find out more about this property. Request details here

Location

Address

N6A 3C3, London, Ontario, Canada

City

London

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