360 Stratton Drive, London East (East E) ON

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 to whitney, right to stratton.
Zoning Description:  R8-10
Interior Size:  2500 - 3000 sqft
Lot:  75 x 125 FT 75 x 125 FT
Exterior Finish:  Brick
Water:  Municipal water, Sanitary sewer
Heating / Cooling:   Natural gas / None
Age: 
Foundation: Concrete
Basement:  N/A (Finished) Finished

Rooms & Sizes

Bedroom Second level 3.7 m x 3.48 m	Recreational, Games room Lower level 5 m x 3.35 m	Living room Main level 4.61 m x 3.53 m
Kitchen Main level 4.14 m x 3.48 m	Primary Bedroom Main level 3.7 m x 3.48 m