Address: 42 TERRACE STREET, London FOR SALE Postal Code: N5Z2X4 Style: Type: Multi-family Duplex Bedrooms: 3 Bathrooms: 2 Bedrooms Aboveground: 3 Parking: No Garage Garage: No Garage Lot Size: 125 ft x 40 ft Property Size: 125 x 40 FT Stories: 1.5
About 42 Terrace Street
This licensed duplex is a fantastic opportunity for investors or homeowners looking to offset their mortgage! The vacant 2-bedroom main floor unit is move-in ready, making it perfect for a house hack or a mortgage helper. The upper bachelor unit is already leased, providing steady rental income.The unfinished basement offers excellent potential to increase value, with great ceiling height, a separate walkout, and a spacious layout. Whether you expand the main unit s living space, provide additional tenant storage, or install a coin-operated laundry for extra income, the options are there.Additional perks include a large shed that has previously been rented out for extra revenue. Recent updatesdeck repairs, fresh paint in the main unit, a new vanity, toilet, and bathroom windowensure the property is well-maintained and move-in ready.Located on a corner lot with two parking spaces and a generous backyard, this duplex is minutes from Victoria Hospital, public transit, and key amenities. Don t miss this chance to own a turnkey home with rental income potential! (id:56071). Get more information on 42 Terrace Street
Property Features
Appliances: Two stoves, Two Refrigerators Rental Equipment: Directions: Josephine Zoning Description: R2-2 Interior Size: 1100 - 1500 sqft Lot: 125 x 40 FT 125 x 40 FT Exterior Finish: Brick Water: Municipal water, Sanitary sewer Heating / Cooling: Natural gas / Age: Foundation: Unknown Basement: N/A (Unfinished) Unfinished
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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FOR SALE
FOR SALE
FOR SALE
FOR SALE
FOR SALE