Prime Investment Opportunity Legal 6-Bedroom Raised Ranch Near Fanshawe College! Located in an A+ rental location, this legal 6-bedroom raised ranch is a turnkey investment with a proven track record of high demand. Just a short walk to Fanshawe College, this property has never experienced a vacancy, consistently renting well in advance of the school year.Featuring high ceilings in the basement, updated flooring, and a new furnace & A/C (2024), Washer and Dryer (2022) this home is well-maintained. With tenants currently paying utilities, this investment generates $4,800/month ($57,600 annually), offering a cash flow of $1,370/month with 25% down and a 30-year amortization. Leases are secured until May 1, 2026, ensuring stability and peace of mind for investors.A rare find in an unbeatable locationdont miss out on this high-income, low-vacancy rental property! (id:4069)
Address
165 THURMAN CIRCLE
List Price
$789,900
Property Type
Single Family
Type of Dwelling
House
Style of Home
Raised bungalow
Area
Ontario
Sub-Area
London
Bedrooms
6
Bathrooms
2
Floor Area
11,001,500 Sq. Ft.
Lot Size
41 x 105 FT Sq. Ft.
MLS® Number
X11986342
Listing Brokerage
SUTTON GROUP - SELECT REALTY
Basement Area
Full (Finished)
Postal Code
N5V4Z1
Zoning
R1
Site Influences
Hospital, Park, Public Transit, Schools
