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697 Hale Street London, Ontario N5W 1J1

None Baseboard Heaters

$1,099,888

Calling all investors! This is your chance to add this fully leased, 7 unit building to your portfolio with a CAP rate of 6.5%. Pro-forms available upon request. Excellent location with proximity to Fanshawe College and the downtown core. The entire property was renovated and updated in 2015 with City permits and ESA certifications. Those updates include: vinyl/steel siding, roof, windows, door, plumbing, electrical, flooring, washrooms, kitchens, breakers, stairs, fire resistant drywall, insulation, basement steel beams, hot water tanks, and the list goes on. Units are individually temperature controlled, separately metered and individual breaker systems. Extra projected income from the coin-operated laundry and space in the basement. All 4 water heater tanks are owned. (id:23157)

Property Details

MLS® Number 40187128
Property Type Other
Amenities Near By Public Transit, Shopping
Community Features High Traffic Area
Features Corner Site, Paved Driveway, Laundry- Coin Operated
Parking Space Total 7

Building

Basement Development Partially Finished
Basement Type Full (partially Finished)
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Metal, Vinyl Siding
Heating Type Baseboard Heaters
Stories Total 2
Size Exterior 5871.0000
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Land Amenities Public Transit, Shopping
Sewer Municipal Sewage System
Size Frontage 75 Ft
Size Total Text Under 1/2 Acre
Zoning Description Asa4, Asa5

https://www.realtor.ca/real-estate/23838551/697-hale-street-london

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