Address: 808 TALBOT STREET, London East (East B) FOR SALE Postal Code: N6A2V6 Style: Type: Multi-family Duplex Bedrooms: 6 Bathrooms: 2 Bedrooms Aboveground: 6 Parking: No Garage Garage: No Garage Lot Size: 41 ft x 164 ft ,1 in Property Size: 41 x 164.1 FT Stories: 2
About 808 Talbot Street
Turnkey licensed duplex in prime Old North location-steps to Gibbons Park and walking distance to UWO, St. Josephs Hospital, and Downtown London. High-demand rental area with proximity to transit, shopping, and entertainment as well as direct bus route to UWO. This extremely well-maintained property features a private double drive and 5 designated parking spots-rare and income-generating. Upper unit offers 4 bedrooms at $3,339/month. Main floor is a 2 bedroom unit leased at $2,100/month. Both units are leased until April 30, 2026. Annual rental income: $65,268 + $1,800/year from parking = $67,068 total. Each unit has in-suite laundry. Owner pays heat ($1,835/year) and hydro ($3,246/year). Recent upgrades include new furnace and a/c (2018), roof and skylights (2016), owned water heater and fresh paint throughout. Strong cap rate with potential for rent increases upon tenant turnover. This is an exceptional investment in a high-demand location with proven income and long-term value growth. (id:56071). Get more information on 808 Talbot Street
Property Features
Appliances: Water Heater, Dishwasher, Dryer, Two stoves, Two Washers, Two Refrigerators Features: Flat site, Guest Suite, In-Law Suite Rental Equipment: Water Heater Directions: West on Oxford Street from Richmond Street. North on Talbot Street. Property is on\r\nthe right. Zoning Description: R3-2 Interior Size: 2000 - 2500 sqft Fence: Fenced yard Lot: 41 x 164.1 FT|under 1/2 acre 41 x 164.1 FT Exterior Finish: Brick Water: Municipal water, Sanitary sewer Heating / Cooling: Natural gas / Central air conditioning Age: 100+ years Foundation: Poured Concrete Basement: Full (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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