Wonderful long term investment opportunity in east London on Park Ave. Solid all brick, purpose built 6 unit building on a street where the vast majority of homes are single family. 4 - spacious 2 bedroom units above grade and 2 - 1 bedroom units in the lower level along with storage lockers for each tenant, full laundry room w/coin-op washer & dryer and dedicated mechanical room. All units are separately metered for hydro along with a common meter and hot water baseboard heating. Front and back stairwells for tenant convenience. Lots of parking behind the building along with a sizeable storage shed. Building has all newer vinyl windows, updated 98 gallon hot water tank 2024, hydro panels replaced in all units to breakers 2022, exterior concrete work approx. 2015, building sewer replaced in 2003. This is a very well cared for building w/ mature mostly longer term tenants. Lots of upside potential here as units turn over. Please contact listing agent for more info and showings. (id:25517)
| MLS® Number | X12483948 |
| Property Type | Multi-family |
| Community Name | East H |
| Amenities Near By | Place Of Worship, Public Transit, Schools |
| Community Features | Community Centre |
| Equipment Type | None |
| Parking Space Total | 8 |
| Rental Equipment Type | None |
| Structure | Patio(s), Shed |
| Bathroom Total | 5 |
| Bedrooms Above Ground | 10 |
| Bedrooms Total | 10 |
| Amenities | Separate Electricity Meters |
| Appliances | Stove, Water Heater, Refrigerator |
| Basement Type | Full |
| Cooling Type | None |
| Exterior Finish | Brick |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Size Interior | 3,500 - 5,000 Ft2 |
| Type | Other |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Fence Type | Partially Fenced |
| Land Amenities | Place Of Worship, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 147 Ft |
| Size Frontage | 98 Ft |
| Size Irregular | 98 X 147 Ft |
| Size Total Text | 98 X 147 Ft|under 1/2 Acre |
| Zoning Description | R8-1 |
https://www.realtor.ca/real-estate/29035889/1803-park-avenue-london-east-east-h-east-h
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I’m Daryl Armstrong, a full time Real Estate professional working in St.Thomas-Elgin and Middlesex areas.
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