28
See all 28 photos
$4,500,000
Est. payment /mo
25 BA
Pending
93 High ST London, ON N6C 4J8
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UPDATED:
01/28/2025 04:29 PM
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Pending
Purchase Type For Sale
Subdivision South F
MLS Listing ID X10408524
Style Other
Annual Tax Amount $44,866
Tax Year 2023
Property Sub-Type Multiplex
Property Description
This well-maintained 25-unit multi-family, brick building is a fantastic addition to any real estate portfolio. Nestled in a beautiful and highly sought-after neighborhood, this property is not only a gem for its tenants but also offers strong returns for investors, with a cap rate of approximately 5.5%. Highlights include 25 all-inclusive units, making renting convenient and attractive for tenants. Ample on-site parking for tenants and visitors alike, a rare find in the area. New flat roof installed in 2019, minimizing future maintenance costs. Convenient coin laundry facilities within the building for added tenant convenience and landlord income. With its prime location, solid construction, and amenities, this building is a turnkey investment. Take advantage of the demand in this fantastic neighborhood and the ease of all-inclusive units. Three vacant units await your tenant selection. This is an opportunity that's both attractive and enduring. Don't miss out!
Location
State ON
County Middlesex
Community South F
Area Middlesex
Rooms
Family Room No
Basement None
Kitchen 0
Interior
Interior Features Floor Drain, Intercom, Storage Area Lockers, Sump Pump, Water Heater Owned
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Pool None
Roof Type Flat
Lot Frontage 49.67
Lot Depth 291.0
Total Parking Spaces 25
Building
Foundation Concrete
Listed by THRIVE REALTY GROUP INC.