Excellent Investment Opportunity! Purpose-built, all-brick 9-unit apartment building featuring 6 two-bedroom, 2 one-bedroom, and 1 bachelor unit. Fully rented with great tenants, offering stable cash flow and minimal vacancy risk. Prime location near Fanshawe College, Northland Mall, bus routes, and easy 401 access. Gross rental income is $141,291 with an NOI of $94,896. Attractive assumable financing available (approx. 2.69%, subject to lender approval - contact listing agent for details). Perfect for gradual rent increases through natural turnover and updates. Tenants pay rent + hydro. Features include new boiler, coin-op laundry, ample parking, and exterior paint/siding updated in 2022. (id:52316)
THRIVE REALTY GROUP INC.
$1,700,000
139 GODFREY DRIVE, London East, Ontario
Property
MLS® Number: X12494896
Address: 139 GODFREY DRIVE
City: London East
Utilities
Heating: Hot Water Radiator Heat, Natural Gas
Parking
Parking Spaces: 12
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Property Sale History
Travel and Neighbourhood
71/100Walk Score®
Very Walkable
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Location
