933 Elias Street London, Ontario N5W 3P3
$699,900
Attention investors and house-hackers! An excellent turn-key opportunity with this triplex in Old East Village. With the front unit owner-occupied and the other two units rented to A++ tenants, there's an immediate income potential of over $50, 000. At market value rent the fully rented potential income increases to over $58, 000. Each fully-contained unit has its own entrance, with every unit containing it's own appliances, including a washer, dryer, dishwasher, and microwave. No shared spaces and all units are above-grade. Unit 1 (front) - 1 bedroom, 1 bathroom currently owner occupied and vacant upon close. Unit 2 (back) - 2 bedrooms, 1.5 bathrooms rented at $1565 per month. Unit 3 (upper) - 2 bedrooms, 1 bathroom rented at $1375 per month. One of the largest residential lots on Elias, boasting up to 8 parking spots. Located close to transit and in the desirable Old East Village. Right next door to the Western Fairgrounds and close to fun at The Factory. Easy transit to downtown, 401, Fanshawe, and Western. A great investment, whether a savvy investor or someone looking to house-hack to get into the market, it's an opportunity you don't want to miss! (id:28006)
Property Details
| MLS® Number | 40549233 |
| Property Type | Multi-family |
| Amenities Near By | Airport, Hospital, Park, Playground, Public Transit, Schools, Shopping |
| Community Features | Quiet Area, Community Centre |
| Parking Space Total | 8 |
| Structure | Shed, Porch |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 5 |
| Basement Development | Unfinished |
| Basement Type | Partial (unfinished) |
| Constructed Date | 1912 |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Fireplace Present | No |
| Foundation Type | Brick |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1469 |
| Type | Triplex |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Airport, Hospital, Park, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 132 Ft |
| Size Frontage | 50 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R3-2 |
https://www.realtor.ca/real-estate/26603583/933-elias-street-london
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London and St. Thomas Association of REALTORS®
Exp Realty, Brokerage
March 09 2024 07:11:05
