DUPLEX: London, Ontario $480,000 CASH FLOW CITY!!!

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DUPLEX: London, Ontario $480,000 CASH FLOW CITY!!!

#1 Unread post by InvestOPS » May 9th, 2024, 12:57 am



131 SACKVILLE Street London, Ontario

MLS® #40538072
Investment Opportunity Awaits in this Turnkey Duplex on a Serene Street. Take advantage of this chance to own a property where each unit offers its own appeal. The main floor features a cozy one-bedroom layout with a full four-piece bathroom, currently leased at $1,200/month inclusive. Upstairs, the two-bedroom unit with one bathroom rents for $1,100/month inclusive. Both units are occupied, ensuring immediate income potential. Recent updates include new windows and doors installed in 2020, fresh laminate flooring, ceramic tiles, and paint throughout. Each kitchen has been recently renovated and comes fully equipped with modern appliances, including two fridges, two gas stoves, and two over-the-range microwaves. Additional features include a spray foam-insulated basement, 100 amp service, and a sprinkler system. This all-brick home boasts a high-efficiency furnace, central air, and sits on a deep lot spanning 159 feet. With tenants already in place, this property presents a seamless opportunity for investors. The basement offers potential for further development into an additional bachelor unit with its own walk up entrance, adding even more value to this investment. Showings require 24 hours' notice. (id:24493)

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