279 Hill Street London East, Ontario N6B 1E1

7 Bedroom 5 Bathroom 3,000 - 3,500 ft2
Baseboard Heaters

$799,000

Attention Investors or any buyers looking to live-in with excellent Income. Core area beautifully maintained 5-plex - Always fully rented, tenants pay heat/hydro (separate meters). Handy garage/workshop for landlord storage at the rear of the building. Building consists of 2 x 2 bed unit, 2 x 1, and a bachelor. All tenants on month to month. This is a fantastic up and coming area located just steps to the BRT corridor. Can be sold together with 281 Hill st (large duplex). Current CAP is 6% with incredible growth potential. Great addition to your portfolio! Seller will consider a Vendor Take Back mortgage. Don't miss out! (id:28006)

Property Details

MLS® Number X12928938
Property Type Multi-family
Community Name East K
Equipment Type Water Heater
Features Flat Site
Parking Space Total 5
Rental Equipment Type Water Heater

Building

Bathroom Total 5
Bedrooms Above Ground 7
Bedrooms Total 7
Basement Development Finished
Basement Type N/a (finished)
Exterior Finish Brick, Wood
Foundation Type Block, Poured Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 2
Size Interior 3,000 - 3,500 Ft2
Type Other
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 101 Ft ,6 In
Size Frontage 34 Ft ,2 In
Size Irregular 34.2 X 101.5 Ft
Size Total Text 34.2 X 101.5 Ft
Zoning Description R3-1

Utilities

Cable Installed
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/29525201/279-hill-street-london-east-east-k-east-k

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