763 Colborne Street London, ON N6A 3Z8
Listing Courtesy of: ITSO / Century 21 First Canadian Corp., Brokerage / CENTURY 21 First Canadian Corp. Brokerage / Rick Salhani

  763 Colborne Street London, ON N6A 3Z8

Active (12 Days)
$849,900
6
BED
3
BATH
1,872
SQFT
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Description

Exciting Update on Rental Property! Achieving a 5.1% Cap Rate with Over $50,000 in Gross Income! Explore this property with an exceptionally deep lot, just moments away from Downtown, Western University, Fanshawe College, St. Joseph's Hospital, and numerous amenities. This two-story brick residence is fully occupied and ready for a new owner. It comprises lower, first, and second-floor units, each with its own entrance. The lower and first-floor units include utilities, while the second unit is separately metered for electricity. Additional revenue streams come from local businesses leasing parking spaces at the rear of the property. Don't miss out on this opportunity to own a slice of downtown London! Income and expense details are available upon request. This property is completely turnkey!

MLS®:
40562082
Taxes
$5,508
Type
Multifamily
Year Built
1901
County
Middlesex County

Listed By

Durga Prasad Aaripaka, Century 21 First Canadian Corp., Brokerage
Rick Salhani, CENTURY 21 First Canadian Corp. Brokerage
Source
ITSO
Last checked May 4 2024 at 8:00 AM EDT
Bathroom Details
Interior Features
  • Washer
  • Stove
  • Refrigerator
  • Dryer
  • Dishwasher
  • Microwave
  • Laundry: In-Suite
  • None
Lot Information
  • Shopping Nearby
  • Public Transit
  • Hospital
  • City Lot
  • Rectangular
Property Features
  • Foundation: Poured Concrete
Heating and Cooling
  • Forced Air
  • None
Basement Information
  • Finished
  • Full
  • Separate Entrance
Exterior Features
  • Roof: Asphalt Shing
Utility Information
  • Sewer: Sewer (Municipal)
Parking
  • Total: 5
  • Asphalt
Stories
  • 2
Living Area
  • 1,872 sqft
Location
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Disclaimer: Listing content protected by copyright and licensed by Information Technology Systems Ontario: Data last updated: 5/4/24 01:00

CENTURY 21 First Canadian Corp. Brokerage

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420 York Street, London, ON N6B 1R1

(519) 673-3390

firstcanadian@century21.ca

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