Property Details

387 HORTON STREET E, London, Ontario, N6B1L6

387 HORTON STREET E, London, Ontario, N6B1L6 (ID X8150402)
Representative
Sagheer Chattha

RE/MAX Centre City Realty Inc., Brokerage - London*
Cell: Sagheer: 519-694-1850 | Pal:519-619-9497
Tel: 519- 667-1800

$795,000 - For sale

ID#:X8150402

Exciting Investment Opportunity! Highly desirable rental property conveniently located near downtown. This three-unit building is situated on a spacious lot, within walking distance to downtown and near major transit routes. Units 1 and 2 offer two bedrooms and one bathroom each on the ground level. Unit 3, located on the upper level, is divided into three separate units (A, B, and C). Unit A features 2 bedrooms and 1 bathroom, Unit B has 1 bedroom and 1 bathroom, and Unit C is a bachelor unit with a bathroom. Experience the beauty of scenic trails along the Thames River, attend major ball games in London, and enjoy various festivals and entertainment events downtown. This property generates a net income of $58,000 annually, with a Pro Forma worksheet available for review upon request. With a remarkable cap rate of 7.1%, this investment opportunity is not to be missed. Act swiftly to seize this lucrative opportunity! (id:2471)

Location DescriptionColborne & Horton

Property Details
  • Property Address:387 HORTON STREET E, London, Ontario, N6B1L6
  • Property Type:Multi-family
  • Community Name:EastK
  • Lot Size:33 x 165 FT
  • Sewage Type:Sanitary sewer
  • Water Type:Municipal water
  • Parking Space Total:4
Structure Details for 387 HORTON STREET E, London, Ontario, N6B1L6
  • Structure Style:Other
  • Bedrooms:7
  • Bathrooms:5
  • Heating Type:Natural gas, Forced air
  • Storeys:2
  • Basement Type:Crawl space (Unfinished)
  • Exterior Type:Vinyl siding, Stucco
Representative
Sagheer Chattha
Real Estate Broker ABR®️, SRS
RE/MAX Centre City Realty Inc., Brokerage - London*
Cell: Sagheer: 519-694-1850 | Pal:519-619-9497
Tel: 519- 667-1800
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387 HORTON STREET E, London, Ontario, N6B1L6

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