508 HORTON ST E, LONDON ONTARIO
Brokered by: CENTURY 21 FIRST CANADIAN CORP., BROKERAGE, INDEPENDENTLY OWNED AND OPERATED
508 HORTON ST E, LONDONONTARIO CANADA | MLS# 589792
Type: 4-Plex Style: 4-Plex Age: OL Lot Size: 39 X 196 Side of Road: North Water Front: Pool: No Handicap Acc: Tenant Pays: Sewer: Sewer Rentals: Yes Water: Municipal Zoning: LIZ Rental Units: 4 Foundation: Brick, Concrete Heating: Forced Air Flooring: Ceramic, Laminate Features: Fenced Roof: Asphalt Shingle Flooring: Ceramic, Laminate
Description: Great cash flow on this large 4-plex in a perfect rental location. Mature architecture throughout this building makes it an easy renter every time. Current landlord is very picky and has taken time to find great, low maintenance tenants. , Live in SUPER does yard maintenance and basic fixes, $33,000.00 rental income. At least $50,000.00 spent in updates in the last 8yrs. Including 200amp service, new flat roof in 2007. All galvanized plumbing has been changed to copper and plastic. Very solid, well maintained building. This place is an easy money maker. Property is close to the new proposed high speed rail. 1 Bedroom = 550 2 Bedroom = 700 2 Bedroom = 800 3 Bedroom = 700 Zoning is LIGHT INDUSTRIAL. Almost limitless options here!