Waterfront investment properties are a rare find in the city! Tenants love the location; central to bus routes including the new rapid transit, Thames Valley Parkway and all that downtown has to offer. Plenty of green space, a large parking lot with a space for every unit and then some, and a scenic view of the Thames River! The property consists of two buildings with 10-units total (one 6-unit building and one 4-unit building); in total there are five 1-bedroom 1-bathroom units, four 2-bedroom 1-bathroom units and one bachelor unit. All tenants pay promptly the first of every month and laundry machines are owned with one set in each building. One of the two bedroom units was just given a complete renovation and some of the roof has been redone. Plenty of opportunity to add value with some units paying below market rent (all units separately metered). Don't miss a great opportunity to invest in London! (id:47421)
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Detailed Information
Bedrooms
14
Bathrooms
10
Lot
79.5 x 42 ft
Amenities Nearby
Public Transit
Equipment
Water Heater
Property Easement
None
Features
Wooded area, Irregular lot size, Ravine, Lighting, Sump Pump
Listing Contract Date
2025-09-03
Location Description
Cross Streets: WELLINGTON RD. ** Directions: DRIVE NORTH ON WELLINGTON ROAD PAST GRAND AVE. THE PROPERTY IS ON THE LEFT JUST BEFORE CLARKS BRIDGE.
# of Parking Spaces
15
Property Type
Multi-family
Rental Equipment
Water Heater
Structures
Deck, Patio(s), Shed
Transaction Type
For sale
Views
City view, River view, View of water, Direct Water View
Waterfront Type
Waterfront
Waterfront Name
Thames River
Zoning Description
OS4
Building
Amenities
Separate Heating Controls
Appliances
Water Heater, Dryer, Microwave, Range, Stove, Washer, Refrigerator
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