360 STRATTON DRIVE, London East (East H) NEW LISTING

Brokered by: RE/MAX CENTRE CITY REALTY INC.

MLS®: X12319665 ()

Price: $759,999.00

Address: 360 STRATTON DRIVE, London East (East H)
FOR SALE
Postal Code: N5W4Z7
Style: 
Type: Multi-family Multi-Family
Bedrooms: 0
Bathrooms: 0
Lot Size:   75 ft x 125 ft
Property Size:  0.215


About 360 Stratton Drive

This solid brick 4 plex needs updates, renos and refurbishment. It is sold as is, where it is, with no guarantees or warranties. Present rents are way below the current rental market, due to long-term tenants. The buyers can view one unit , and have a condition in the offer to purchase subject to inspection of other units. The subject property is built as a one-storey fourplex\\( quad style\\). A $50,000 deposit is required with an offer to purchase.Each unit is configured with a living room, dining room, kitchen, two beds and a four-piece bath along with full, partially finished basement levels. The basement levels include laundry, mechanical and recreation room areas.All measurements are approximate, to be verified by the buyer. The kitchen and bathrooms are original along with the original hardwood flooring and cosmetically dated and average or below average overall condition. The roof shingles were newer improvements along with various windows, along with two of the four furnaces. The property has 3 drivewasys and a single garage. The tenants are long-term with per unit rents reported at $720, $720, $750 and $750, combining to $1940 monthly and $23,280 annually with the tenants responsible for all utilities except the hot water heater. These rents were indicative of long-term tenancies. (id:56071). Get more information on 360 Stratton Drive

Property Features

Rental Equipment:  
Directions:  EDMONTON AND DUNDAS
Zoning Description:  R8-1
Interior Size:  9354 sqft
Lot:  0.215 ac 0.215
Water:  Municipal water,
Heating / Cooling:   Natural gas /
Age: 51 to 99 years
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.