Prime Investment Opportunity in Blackfriars! Licensed triplex with excellent cash flow, pro forma available upon request. Prime rental location within walking distance to downtown, major transit routes, Western University, Fanshawe College, White Oaks and Masonville. . Situated on a massive lot (very rare in this area), this building is everything an investor should be looking for! Three nicely sized apartments: Unit 1 consists of 3+1 bedrooms, 1 bathroom, Unit 2 consists of 3 bedrooms, 1 bathroom, and Unit 3 consists of 3 bedrooms, 1 bathroom. There is an oversized 2 car garage that is rented as well. Two separate driveways offer ample parking (6 outdoor spaces, 2 garage spaces). Enjoy scenic trails and paths along the Thames River, London Major Ball Games, and festivals/entertainment events downtown. Oversize lot offers many options for renovations or additional development. Positive cash flow even with current interest rates- buy now and enjoy additional upside as rates decrease. (id:4069)
Address
86 WILSON AVENUE
List Price
$1,199,000
Property Type
Single Family
Type of Dwelling
Triplex
Style of Home
Bungalow
Area
Ontario
Sub-Area
London
Bedrooms
9
Bathrooms
3
Lot Size
55.97 x 145 FT Sq. Ft.
MLS® Number
X9297027
Listing Brokerage
A TEAM LONDON
Basement Area
Partial
Postal Code
N6H1X7
Zoning
R2
Features
Carpet Free
Amenities
Separate Heating Controls, Separate Electricity Meters
