37 ELMWOOD Place, London, Ontario, N6J1J3 London ON CA

CAD 659,900

For Sale MLS: 40411302

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Property Details

Bedrooms

Bathrooms

Neighborhood

Southcrest

Basement

Finished, Full

Property Type

Multi-family

Description

3 nicely updated units registered with geowarehouse, potential revenue of $55,200.00 per year. estimated 2 bedroom basement unit at $1400 per month, 2 bedroom main floor unit at $1690 per month (long term tenant), and $1500 per month for the upper 1 bedroom unit. with a 6.8% cap rate, this makes for a solid good quality investment. Property currently operating as an Airbnb main floor long term rental, for even more revenue than estimated for long term rental, continue to run as mid/short term rental or operate as a long term rental property. 2 seperate hydro metres, flexible closing date. please allow 24 hours notice for showings. (id:1937) Find out more about this property. Request details here

Location

Address

N6J 1J3, London, Ontario, Canada

City

London

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