235 Hamilton Road, London, ON N5Z 1P9

$769,900
11
BD
6
BA
3,500
SqFt

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List Price
$769,900
MLS#
X13474468
Status
ACTIVE
Type
Multifamily
SubType
Multiplex
Style
2-Storey
Bedrooms
11
Bathrooms
6
Living Area
3500-5000
Province
ON
Municipality
London
Area
Middlesex
Neighborhood
East
Subdivision
Adelaide Street N/Hamilton Rd

Property Description

FULLY LEASED ALMOST $2,500/Month Positive Cashflow! Legal 5-unit property offering exceptional cash flow, featuring four spacious 2-bedroom units and one large 3-bedroom unit, each with their own full bath, kitchen, and own in-suite laundry. Meticulously updated and generously sized, every unit has its own hydro meter and separate entrance. Ideally located on a key arterial road just 2 km from the city's central business and administrative corridor, this property is surrounded by amenities that make it highly desirable for tenants, including public transit at the doorstep, grocery stores, restaurants, schools, and healthcare facilities within walking distance. It is also very close to the London Health Sciences Centre, Vauxhall Park, Boyle Memorial Park, and several community centres. The prime location supports its continued use as a strong multi-residential asset, offering excellent connectivity, access to essential services, and a stable urban setting conducive to long-term tenancy. Annual income of $90k + this is an outstanding investment opportunity.

Additional Information

Taxes
$6,012
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Kitchens
5
Exterior
Brick, Vinyl Siding
Garage Type
None
Pool
None
Parking Type
None

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Calculator source: Real Geeks

Listing courtesy of ROCK STAR REAL ESTATE INC..