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 $2940 monthly and $35,280 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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John DiRenzo
Sales Representative RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490
John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.
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