116 133 ARBOUR GLEN CR, LONDON ONTARIO
Brokered by: STREETCITY REALTY INC., BROKERAGE
116 133 ARBOUR GLEN CR, LONDONONTARIO CANADA | MLS# 569755
Type: 12+ Units Style: 12+ Units Age: 46 Lot Size: 3117 SQ METERS Side of Road: Water Front: Pool: No Handicap Acc: Tenant Pays: Elec,Heat Sewer: Sewer Rentals: Yes Water: Municipal Zoning: R5-4 Rental Units: Foundation: Concrete Heating: Forced Air, Indivually Htd Flooring: Wood and Broadloom, See Remarks Features: Air Cond Part, Fireplace(S), Patio(S), Pblic Trans Nrby, Near Park, In Unit Laundry, Sep Entrance, Sep Hydro Meters Roof: Asphalt Shingle Flooring: Wood and Broadloom, See Remarks
Description: NEW PRICE! Seriously Motivated Seller - 18 unit Town House Complex. Fully leased in North London. Each suite has its own fireplace. The complex is fully rented with a gross income of $193,023 (not including several paid parking space rentals. 12 of the units are 2 bedrooms, and 6 are 3 bedrooms. Each unit has 3 fully finished levels (including the lower level with a walk out to a patio. Each main floor has a rear patio with privacy fencing. Owner is on site and lives in one of the units. Tenants pay heat, hydro and water heater rental. NOTE: water is `currently` included in the rent - but new owner may choose to do otherwise. FULL DOCUMENTATION is available to serious parties. Cap Rate 6. Treat as clear.
Directions: Near Kenmore