764 KING Street, London, Ontario N5W 2X4
$499,900.00
- 3 bedrooms
- 2 bathrooms
- 2,400 Square Feet
Fully leased until Feb 28, 2025. This property is a great option for the investor to add to their portfolio. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is currently tenanted with rent coming in at $2800 per month plus utilities. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. Owners are still waiting for boulevard repairs by the city but when finished the house will be sitting on a new street with public transit at the door. The 6.2 % ... read more
Fully leased until Feb 28, 2025. This property is a great option for the investor to add to their portfolio. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is currently tenanted with rent coming in at $2800 per month plus utilities. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. Owners are still waiting for boulevard repairs by the city but when finished the house will be sitting on a new street with public transit at the door. The 6.2 % cap rate makes this a money maker for any investor. Please allow 24 hours notice on all showings for tenants. (id:25417)
- Listing ID: 40567732
- Property Type: Single Family
| Property | |
|---|---|
| Ownership: | Freehold |
| Lot Size: | Under 1/2 Acre |
| Parking: | 3 Spaces |
| Building | |
|---|---|
| Type: | Single Family House |
| Appliances: | Refrigerator, Stove, Washer and Dryer |
| HVAC: | Fireplace and Forced Air Natural Gas |
| Exterior: | Brick |
| Basement: | Full (Partially Finished) |
| Utilities: | Municipal Sewage System |
| Location | |
|---|---|
| City: | London |
| Province: | Ontario |
| Nearby Amenities: | Airport |
| Rooms | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Second level | Measurements not available |
| Bedroom | Second level | 10'7'' x 8'0'' |
| Bedroom | Second level | 12'4'' x 9'8'' |
| Primary Bedroom | Second level | 14'2'' x 9'0'' |
| Storage | Basement | 8'4'' x 6'5'' |
| Recreation room | Basement | 17'8'' x 10'6'' |
| 3pc Bathroom | Basement | Measurements not available |
| Kitchen | Main level | 11'4'' x 9'4'' |
| Dining room | Main level | 13'5'' x 10'3'' |
| Living room | Main level | 12'0'' x 12'0'' |
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