Address: 7 MARMORA STREET, London East (East L) FOR SALE Postal Code: N5Z1Z4 Style: Type: Multi-family Triplex Bedrooms: 4 Bathrooms: 3 Bedrooms Aboveground: 4 Parking: No Garage Garage: No Garage Lot Size: 34 ft ,4 in x 147 ft ,10 in Property Size: 34.4 x 147.9 FT Stories: 1.5
About 7 Marmora Street
ATTENTION INVESTORS! Solid brick turnkey triplex in London s SoHo neighbourhood delivering immediate cash flow and excellent upside. This asset generates $47,700 in gross annual income with an estimated NOI of ~$35,129, delivering a highly attractive 6.57% Cap Rate.The building features three strong units: a 2-bed front unit ($1,650), a 1-bed main floor rear unit ($1,275), and a 1-bed basement unit ($1,050). Exceptional bonus: the basement unit will be vacant July 1, 2026, offering immediate potential to set fresh market rents, optimize the space, or owner-occupy.Landlord peace-of-mind is secured with a recently passed city fire inspection, a roof in good condition, and robust mechanicals including central heating and AC in good working order.Excellent tenant amenities include shared side-entrance laundry, a nice backyard, and parking for 5 vehicles (1 front, ~4 rear). Low-maintenance all-inclusive utility setup. A standout addition to your portfolio! (id:56071). Get more information on 7 Marmora Street
Property Features
Appliances: Water Heater, Water meter Features: Irregular lot size, Carpet Free Rental Equipment: Directions: Marmora Street and Nelson Street Zoning Description: R2-2 Interior Size: 1100 - 1500 sqft Lot: 34.4 x 147.9 FT|under 1/2 acre 34.4 x 147.9 FT Exterior Finish: Brick Water: Municipal water, Sanitary sewer Heating / Cooling: Natural gas / Central air conditioning Age: 100+ years Foundation: Block, Brick Basement: N/A, N/A (Partially finished) Partially finished
Rooms & Sizes
Bathroom Main level 2.5 m x 1.5 m
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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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