305 CENTRAL AVENUE, London East (East F) NEW LISTING

Brokered by: ONE PERCENT REALTY LTD.

MLS®: X13211624 ()

Price: $1,299,999.00

Address: 305 CENTRAL AVENUE, London East (East F)
FOR SALE
Postal Code: N6B2C9
Style: 
Type: Multi-family Multi-Family
Bedrooms: 0
Bathrooms: 0
Lot Size:   40 ft x 133 ft ,6 in
Property Size:  0.123


About 305 Central Avenue

Exceptional investment opportunity in the heart of downtown London! This well-maintained 5-plex offers a strong 4.6% cap rate with excellent income potential exceeding $86,000 annually. Pride of ownership is evident throughout, as the property has been meticulously cared for with numerous updates completed over the years, providing peace of mind for investors seeking a low-maintenance addition to their portfolio. The property features on-site tenant parking, a highly desirable amenity in the downtown core, and attracts quality long-term tenants with its unbeatable location. Situated within walking distance to Victoria Park, restaurants, shopping, entertainment, transit, and major downtown amenities. Conveniently close to St. Joseph s Health Care London, Western University, and nearby schools, making it an ideal property for consistent rental demand. A rare multi-family opportunity in one of London s most sought-after rental locations - perfect for both seasoned investors and those looking to expand their real estate portfolio. (id:56071). Get more information on 305 Central Avenue

Property Features

Rental Equipment:  
Directions:  Cross Streets: Central and Wellington. ** Directions: Use GPS for directiosn.
Zoning Description:  OC2 R3-
Lot:  0.123 ac 0.123
Water:  Municipal water,
Heating / Cooling:   / None
Age: 
Basement:  

Rooms & Sizes

     

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JD

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.