Well maintained 6 unit investment property located in SOHO at the corner of Wellington Street and Hill Street. Consisting of 1- 1 bedroom, 4- 2 bedroom and 1- 3 bedroom units along with an addtional 33' x 41' parcel of land. On-site coin laundry. Parking for 9 vehicles. Located across the street from new mixed-use housing development on South Street. Current NOI: $77,222.94. Potential for significant upside, current rents below market. The 3 bedroom unit will be vacant upon possession (market rent $1,800 per month). Zoning R3-1. Close proximity to Wellington Road and transit and within walking distance to downtown London. (id:4069)
Address
340 HILL STREET
List Price
$1,199,900
Property Type
Multi-family
Type of Dwelling
Other
Area
Ontario
Sub-Area
London
Bedrooms
12
Bathrooms
6
Floor Area
30,003,500 Sq. Ft.
Lot Size
66 x 33 FT Sq. Ft.
MLS® Number
X12075582
Listing Brokerage
A TEAM LONDON
Basement Area
N/A (Unfinished)
Postal Code
N6B1E3
Zoning
R3-1
