228 BURNSIDE DRIVE, London East (East I) NEW LISTING

Brokered by: SUTTON - JIE DAN REALTY BROKERAGE

MLS®: X12823036 ()

Price: $1,199,900.00

Address: 228 BURNSIDE DRIVE, London East (East I)
FOR SALE
Postal Code: N5V1B9
Style: 
Type: Multi-family Multi-Family
Bedrooms: 9
Bathrooms: 0
Lot Size:   60 ft x 155 ft
Property Size:  60 x 155 FT


About 228 Burnside Drive

A great "Turn Key" investment opportunity located on a desirable quiet residential street. This income property has an annual gross income of $61,402.38. The building structure is 3 levels with 3 rental units with a 4th rental unit in the double garage which has been converted to a one bedroom apartment. Numerous updates throughout. Updated metal roof, windows, copper plumbing, coin-op washer & dryer. Separate storage rooms and large garden shed. Separate hydro meters, 4 fridges & 4 stoves, 1 dishwasher, lots of parking. Upper 3 bedroom unit rents for $2000 + hydro, main floor 3 bedroom unit rents for $1,362.66 + hydro, lower 2 bedroom unit rents for $927.64. + hydro, 1 bedroom garage unit rents for $845.69. including hydro. Numerous upgrades: newer pavement on driveway, first floor renovated bathroom and dishwasher installed. Second floor newer flooring, paint and updated bathroom. Newer eave though and shed. Newer air conditioning and furnace ( 2023). This property is in excellent condition inside and out and fully rented with good tenants. A "Must See" worthwhile investment. (id:56071). Get more information on 228 Burnside Drive

Property Features

Appliances:  Dryer, Washer
Rental Equipment:  Water Heater
Directions:  Clarke & Trafalgar st
Zoning Description:  R2-2
Interior Size:  3944 sqft
Lot:  60 x 155 FT 60 x 155 FT
Water:  Municipal water,
Heating / Cooling:   Natural gas / Fully air conditioned
Age: 51 to 99 years
Basement:  

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.