London, ON N6B1L6 387 HORTON STREET E

$749,900

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Presented By: CENTURY 21 FIRST CANADIAN CORP
  • MLS# X9253693
  • 08/14/2024
  • Request Tour
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  • SQFT • 3,000

Home Details

Exciting Investment Opportunity! Highly desirable rental property conveniently located near downtown. This three-unit building is situated on a spacious lot, within walking distance to downtown and near major transit routes. Units 1 and 2 offer two bedrooms and one bathroom each on the ground level. Unit 3, located on the upper level, is divided into three separate units (A, B, and C). Unit A features 2 bedrooms and 1 bathroom, Unit B has 1 bedroom and 1 bathroom, and Unit C is a bachelor unit with a bathroom. Experience the beauty of scenic trails along the Thames River, attend major ball games in London, and enjoy various festivals and entertainment events downtown. This property generates a net income of $58,000 annually, with a Pro Forma worksheet available for review upon request. With a remarkable cap rate of 7.1%, this investment opportunity is not to be missed. Act swiftly to seize this lucrative opportunity! Vendor take back mortgage is possible with 30% down to approved potential buyers. Contact the listing agent for showings! (id:7434)
Presented By: CENTURY 21 FIRST CANADIAN CORP

Interior Features for 387 HORTON STREET E

Other Interior Features

Building Fireplace PresentFalse
Building Heating FuelNatural gas
Building Heating TypeOther

General for 387 HORTON STREET E

Building TypeMulti-Family
CommunityNameEast K
Location DescriptionCOLBORNE & HORTON
Property TypeMulti-family
Zoning DescriptionR8-4, AC4

Additional Details

Paul Dojcinovic

TEAM LEADER, REALTOR® at eXp Realty
Price $749,900
MLS#X9253693
List Date 08/14/2024
Property Type Multi-Family
Phone 403.608.2191
Request Tour
Request Info
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