34 ADELAIDE STREET S London

34 ADELAIDE STREET S, London, Ontario

$579,000

  • 4 Beds
  • 6 Baths

This investment property is located in the heart of London, offering a mix of six well-maintained apartments: four one-bedroom units and two studios. Four of the units are currently occupied by long-term tenants, providing immediate rental income, while two recently renovated units remain vacant, offering potential for higher returns. The property boasts an estimated net income of approximately $31,000 per year. Its central location offers excellent connectivity to public transit, with easy access to all local amenities, ensuring strong demand for both current and future tenants. (id:23309)

  • Listing ID: X10440638
  • Property Type: Multi-family

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Details

  • Amenities Nearby: Schools, Public Transit, Park
  • Community Features: Community Centre
  • Parking Spaces: 7
  • Transaction: For sale
  • Zoning Description: R2-2

Building

  • Amenities: Separate Electricity Meters
  • BasementType: Full (Finished)
  • Basement Development: Finished
  • Bedrooms Main Level: 4
  • Exterior Finish: Aluminum siding, Stucco
  • Fireplace Present: False
  • Foundation: Unknown
  • Bathrooms (Total): 6
  • Heating: Radiant heat
  • Size Interior: 1499.9875 - 1999.983 sqft
  • Stories Total: 2
  • Type: Other
  • Utility Water: Municipal water

Land

  • Amenities: Schools, Public Transit, Park
  • Sewer: Sanitary sewer
  • Size Frontage: 40 ft
  • Size Irregular: 40 x 125 FT
MLS®

Listing provided by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 34 ADELAIDE STREET S in London Ontario. It was last modified on November 21st, 2024. Contact Sharli Esson Gordon to schedule a viewing or to discover other London real estate for sale.

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