SUTTON GROUP - SELECT REALTY

$769,900

165 THURMAN CIRCLE, London East, Ontario

6 Bedrooms

2 Bathrooms

Property

MLS® Number: X12343518

Address: 165 THURMAN CIRCLE

City: London East

Style: Raised bungalow

Exterior: Steel, Brick

Utilities

Central Air: Yes

Heating: Forced Air, Natural Gas

Parking

Parking Spaces: 3

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:52316)

Property Sale History

Travel and Neighbourhood

Somewhat Walkable

Location

Thomas Newman
Thomas Newman

REALTOR® Salesperson

RE/MAX Escarpment Team Logue Realty

Contact Thomas Newman