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:52316)
PINHEIRO REALTY LTD
$1,249,900
1803 PARK AVENUE, London East, Ontario
10 Bedrooms
5 Bathrooms
Property
MLS® Number: X12483948
Address: 1803 PARK AVENUE
City: London East
Exterior: Brick
Utilities
Heating: Radiant Heat, Natural Gas
Parking
Parking Spaces: 8
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Property Sale History
Travel and Neighbourhood
64/100Walk Score®
Somewhat Walkable
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Location
