Embrace a prime investment opportunity with this captivating 8 bedroom home boasting a lucrative 6% cap rate, strategically positioned on Richmond St 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 8 bedrooms but has the potential for effortless conversion into separate units, maximizing its income potential. 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. Property is also located at a future rapid transit stop providing for future re-development opportunities (details available upon request). (id:52316)
CENTURY 21 FIRST CANADIAN TRUSTED HOME REALTY INC.
$1,249,000
1051 RICHMOND STREET, London East, Ontario
8 Bedrooms
4 Bathrooms
Property
MLS® Number: X12316959
Address: 1051 RICHMOND STREET
City: London East
Exterior: Brick, Vinyl siding
Utilities
Heating: Forced Air, Natural Gas
Parking
Parking Spaces: 2
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Property Sale History
Travel and Neighbourhood
61/100Walk Score®
Somewhat Walkable
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Location
