34 ADELAIDE STREET S

London, Ontario, N5Z3K2, Canada

$579,000

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.

EXTRAS Monthly rent income: #1(1bdrm/2nd floor) =$666; #2 (1bdrm/ground) =$692; #3 (studio/ground) =$615; #4 vacant (1 bdrm/basement) potential income $1200; #5 vacant (1bdrm/ground floor) potential income $1500; #6 (studio/2nd floor) =$617

Last updated on : Thursday 21st of November 2024 05:02:34 PM

ADDRESS

Street : 34 ADELAIDE STREET S

City : London

Province : Ontario

Country : Canada

Postal Code : N5Z3K2

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PROPERTY SUMMARY

Property ID : X10440638

Building Type : Other

Property Type : Multi-family

Bedrooms : 4

Bathrooms : 6

Parking : 7

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