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Chuck Bennett

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$ 975,000

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1079 RICHMOND STREET London, ON N6A3K1

6 Beds

5 Baths

1,500 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $650

Subdivision East B

MLS® Listing ID X12090217

Bedrooms 6

Half Baths 1

Originating Board London and St. Thomas Association of REALTORS®

Property Description

Embrace a prime investment opportunity with this captivating 3 Unit home boasting a lucrative %6.0 cap rate, strategically positioned on Richmond within a stone's throw to Western University, offering both convenience and potential for high returns. A quick bus trip connects you to various amenities, placing everything at your fingertips.This versatile home currently features 3 units but has the potential for effortless conversion into 4 units, maximizing its income potential (R4 zoning allowance plans available upon request). The main floor unit greets you with a welcoming foyer leading to a living room with French doors, a kitchen, a comfortable bedroom, and a 3-piece bath.The second-floor unit presents an inviting living/dining area, a well-equipped kitchen, 1.5 baths, 2 bedrooms, and a screened-in porch - ideal for enjoying the "outdoors". Additionally, it offers 2 more bedrooms and a convenient 3-piece bathroom on the third floor, adding an extra touch of privacy to the living space.Downstairs, the basement unit offers a functional kitchen/living room combination, a private bedroom, and a 3-piece bath all illuminated by stylish pot lights, creating a bright and inviting living space.Seize the opportunity to capitalize on this exceptional property, perfectly positioned near all amenities. Don't miss your chance to own this gem and unlock the full potential of this investment in a highly sought-after location. (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level 2.81 m X 2.95 m Living room

Extra Room 2 Second level 2.81 m X 1.89 m Dining room

Extra Room 3 Second level 2.83 m X 3.1 m Kitchen

Extra Room 4 Second level 3.86 m X 3.23 m Bedroom

Extra Room 5 Second level 4.01 m X 3.23 m Bedroom

Extra Room 6 Third level 4.64 m X 5.26 m Primary Bedroom

Interior

Heating Radiant heat

Exterior

Parking Features No

Community Features Community Centre

View Y/N No

Total Parking Spaces 6

Private Pool No

Building

Story 2.5

Sewer Sanitary sewer

Others

Virtual Tour https://listings.tourme.ca/sites/1079-richmond-st-london-on-n6a-3k1-15366477/branded

Listed by CENTURY 21 FIRST CANADIAN CORP

Chuck Bennett

Managing Broker

+1(778) 671-0969

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Homes For Sale in Nelson, BC

Chuck Bennett

1079 RICHMOND STREET London, ON N6A3K1

Key Details

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Rooms

Interior

Exterior

Building

Others

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1079 RICHMOND STREET