Property Details

376-378 CENTRAL Avenue, London, Ontario, N6B2E2

376-378 CENTRAL Avenue, London, Ontario, N6B2E2 (ID 40135687)
Representative
Gord Prior portrait
Gord Prior
Sales Representative
RE/MAX Centre City Realty Inc., Brokerage - London*
Tel: 519-868-7355

$1,950,000 - For sale

ID#:40135687

Investors dream come true! FULLY LEASED investment property with yearly gross revenue of $105,000+ with room to increase due to high rental demand in the area. Strategically located on Central Ave, walking distance to Richmond Row in London's prime real estate investment hub! The track record of this rental property speaks for itself! Never a vacancy, highly sought after location walking distance to Victoria Park and all amenities. City approved 6 unit building with rental license. All brick, major renovations completed with updated wiring & plumbing, separate forced air gas furnaces in 4 units, 1 - boiler for 2 x1 bed units, sep meters for gas/hydro. RARE - Washer & Dryers in each unit, each unit also has own breaker panels, 6x water heaters. Roof replaced 3 years ago. The list goes on! Turn-key rental with professional management in place that's also willing to stay on for a smooth transition. Buyer to verify all info. Break down of units as follows; 2x1 bdrms, 2x2 bdrms, 2x4 bdrm units. Ample parking for a Downtown location. Don't wait on this rare purchasing opportunity. (id:2471)

Location DescriptionNear Waterloo St

Property Details
  • Property Address:376-378 CENTRAL Avenue, London, Ontario, N6B2E2
  • Property Type:Multi-family
  • Title:Freehold
  • Acreage:under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
Structure Details for 376-378 CENTRAL Avenue, London, Ontario, N6B2E2
  • Bedrooms:14
  • Bathrooms:8
  • Floor Space:5240
  • Heating Type:Natural gas, Forced air, Hot water radiator heat
  • Style:Detached
  • Storeys:2.5000
  • Basement Type:Partial (Unfinished)
  • Foundation Type:Stone
  • Cooling Type:None
  • Rental Equipment:Furnace
  • Exterior Type:Brick
Amenities for 376-378 CENTRAL Avenue, London, Ontario, N6B2E2 Park/reserve
  • Amenities Nearby:Park, Public Transit
Representative
Gord Prior portrait
Gord Prior
Sales Representative
RE/MAX Centre City Realty Inc., Brokerage - London*
Tel: 519-868-7355
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Listing Office: SUTTON GROUP - SELECT REALTY INC., BROKERAGE

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376-378 CENTRAL Avenue, London, Ontario, N6B2E2

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