Address: 360 STRATTON DRIVE, London East (East E) FOR SALE Postal Code: N5W4Z7 Style: Type: Multi-family Multi-Family Bedrooms: 8 Bathrooms: 1 Lot Size: 75 ft x 125 ft Property Size: Bldg=75 x 125 FT
About 360 Stratton Drive
ATTENTION TO ALL INVESTORS! This solid brick 4 plex needs updates, renovations, 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 subject property is built as a one-storey fourplex (quad style). A $20,000 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 are newer improvements along with various windows, and two of the four furnaces. The property has 2 driveways 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: Cross Streets: DUNDAS, EDMONTON. ** Directions: DUNDAS TO EDMONTON, LEFT ON WHITNEY, RIGHT ON STRATTON DR. Zoning Description: R8-10 Interior Size: 9354 sqft Lot: Bldg=75 x 125 FT Bldg=75 x 125 FT Water: Municipal water, Heating / Cooling: Natural gas / None Age: 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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NEW LISTING
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FOR SALE
NEW LISTING
FOR SALE