163 EMERSON STREET, London South (South I) NEW LISTING

Brokered by: STREETCITY REALTY INC.

MLS®: X13243428 ()

Price: $574,000.00

Address: 163 EMERSON STREET, London South (South I)
FOR SALE
Postal Code: N5Z3L5
Style: 
Type: Multi-family Duplex
Bedrooms: 4
Bathrooms: 3
Bedrooms Aboveground:  2
Bedrooms Belowground:  2
Parking:  No Garage
Garage: No Garage
Lot Size:   39 ft ,9 in x 158 ft ,4 in
Property Size:  39.8 x 158.4 FT


About 163 Emerson Street

PROPERTY OVERVIEW AND INCOME: This legal duplex, permitted and converted in 2021, is located on a quiet street close to the hospital, frequently attracting medical professionals. The front unit features 2 bedrooms and 1 bathroom, occupied by long-term tenants at $1,200 permonth. The larger rear unit features 2 bedrooms and 2 bathrooms, rented as a mid-term furnished unit for $2,890 per month, and will be sold fully furnished. Total gross monthly income is $4,090.2021 CAPITAL IMPROVEMENTS: The entire property underwent a full, permitted renovation in 2021. Upgrades for both units include 2 full kitchens, 2 bathrooms, 2 forced-air furnaces, 2 hot water heaters, 2 otr microwaves, and 2 in-suite washers, and dryers. Exterior improvements feature new siding across the entire structure and newly added decks for each unit, each complete with natural gas barbecue connections and bbq s included! This property is immediately ready for rental income. (id:56071). Get more information on 163 Emerson Street

Property Features

Appliances:  Water Heater, Dishwasher, Dryer, Microwave, Hood Fan, Two stoves, Two Washers, Window Coverings, Two Refrigerators
Rental Equipment:  
Directions:  Cross Streets: Thompson Rd and Adelaide St S. ** Directions: East from Adelaide, South from Thompson on Emerson Ave.
Zoning Description:  R2-3
Interior Size:  1100 - 1500 sqft
Lot:  39.8 x 158.4 FT 39.8 x 158.4 FT
Exterior Finish:  Vinyl siding
Water:  Municipal water, Sanitary sewer
Heating / Cooling:   Natural gas / Central air conditioning
Age: 51 to 99 years
Foundation: Concrete, Block
Basement:  N/A (Partially finished) Partially finished

Rooms & Sizes

     

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John DiRenzo

Sales Representative
RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490

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John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.