London, ON N5Z2X4 42 TERRACE STREET

$449,900

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Presented By: BLUE FOREST REALTY INC.
  • MLS# X11976341
  • 02/18/2025
  • Request Tour
  • Request Info
  • Beds • 3
  • Baths • 2
  • SQFT • 1,100

Home Details

This licensed duplex is a fantastic opportunity for investors or homeowners looking to offset their mortgage! The vacant 2-bedroom main floor unit is move-in ready, making it perfect for a house hack or a mortgage helper. The upper bachelor unit is already leased, providing steady rental income.The unfinished basement offers excellent potential to increase value, with great ceiling height, a separate walkout, and a spacious layout. Whether you expand the main unit's living space, provide additional tenant storage, or install a coin-operated laundry for extra income, the options are there.Additional perks include a large shed that has previously been rented out for extra revenue. Recent updatesdeck repairs, fresh paint in the main unit, a new vanity, toilet, and bathroom windowensure the property is well-maintained and move-in ready.Located on a corner lot with two parking spaces and a generous backyard, this duplex is minutes from Victoria Hospital, public transit, and key amenities. Don't miss this chance to own a turnkey home with rental income potential! (id:7434)
Presented By: BLUE FOREST REALTY INC.

Interior Features for 42 TERRACE STREET

Other Interior Features

Basement DevelopmentUnfinished
Basement TypeN/A (Unfinished)
Building Fireplace PresentFalse
Building Heating FuelNatural gas
Building Heating TypeForced air

General for 42 TERRACE STREET

Building AppliancesTwo stoves, Two Refrigerators
Building Basement FeaturesSeparate entrance
Building TypeDuplex
Building.StoriesTotal1.5
CommunityNameSouth I
Foundation TypeUnknown
Location DescriptionJosephine
Parking Space Total2
Property TypeMulti-family
Suite - LegalNo
Zoning DescriptionR2-2

Exterior for 42 TERRACE STREET

Exterior FinishBrick
SewerSanitary sewer

Additional Details

Paul Dojcinovic

TEAM LEADER, REALTOR® at eXp Realty
Price $449,900
MLS#X11976341
List Date 02/18/2025
Property Type Multi-Family
Phone 403.608.2191
Request Tour
Request Info
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