London, ON N6B1H9 184 SIMCOE STREET

$825,900

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Presented By: CENTURY 21 MILLENNIUM INC.
  • MLS# X9379118
  • 10/02/2024
  • Request Tour
  • Request Info
  • Beds • 5
  • Baths • 4

Home Details

**Seller willing to Hold Financing!** 1st mortgage @6%/yr**legal Rent increases due(+$100/m)** Well Managed, Turn key in Good repair! Brick building with 5 + parking, 4 Separate meters, Coin Washer & Dryer. Unit#1($1,640/m): Front door access on Main level, 1+1 bed, 4 pcs bath, recently renovated, Pot Lights , laminate flooring. Unit#2($1,050/m): Access through rear, main level door, 1 Bed, 4 pcs bath, renovated with pot lights & laminated floor. Unit#3($1,300/m): Access through rear main level door, use common area stair to second level, 1 Bed, 4 pcs bathroom , eat in kitchen, laminate flooring. Unit#4($1,230/m): Access through rear lower level door, 1 Bed+den, kitchen living combined, 4 pcs bathroom. Coin Laundry ($150/m): through rear lower Level door, Landlord pays electric meter for common area coin laundry, Storage & utility room. All units heated by baseboard electric. Deep lot for additional potential. R3-1 Zoning allows Fourplex. This property currently ***Under Power of Sale*** Buyer will complete their own due diligence, accept the property as is. Seller cannot offer any warranties. NET INCOME $55,759 (buyer to verify) **** EXTRAS **** Any chattels remaining on the property not belonging to Tenants (id:7434)
Presented By: CENTURY 21 MILLENNIUM INC.

Interior Features for 184 SIMCOE STREET

Other Interior Features

Basement DevelopmentFinished
Basement TypeN/A (Finished)
Building Fireplace PresentFalse
Building Heating FuelElectric
Building Heating TypeBaseboard heaters

General for 184 SIMCOE STREET

Building AppliancesDryer, Washer
Building Basement FeaturesSeparate entrance
Building TypeFourplex
Building.StoriesTotal2
CommunityNameEast K
Foundation TypeBlock
Location DescriptionSimcoe St/Richmond St
Parking Space Total4
Property TypeSingle Family
Suite - LegalNo

Exterior for 184 SIMCOE STREET

Exterior FinishBrick
SewerSanitary sewer

Additional Details

Paul Dojcinovic

TEAM LEADER, REALTOR® at eXp Realty
Price $825,900
MLS#X9379118
List Date 10/02/2024
Property Type Single Family
Phone 403.608.2191
Request Tour
Request Info
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