22 PALACE STREET Active Save Request In-Person Tour Request Virtual Tour
London,ON N6B3A6
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,499 sqft
Price per Sqft $320
Subdivision East F
MLS Listing ID X9051374
Bedrooms 8
Originating Board London and St. Thomas Association of REALTORS®
Property Description
Fully renovated licensed legal duplex located in desirable Woodfield steps to restaurants, parks, trails and walking distance to downtown London. multiple options available with both units currently vacant. This purpose-built duplex is a Landlords dream & is perfect for investors looking for a turnkey property with strong cash flow with a projected cap rate of over 8%. Separate heat, separate hydro and separate water meters! Each unit has their own laundry. Both units have 4 good sized bedrooms and a 4 piece bathroom, a large family room with gas fireplace and separate dining space as well as an eat in kitchen. 4\\6 parking spaces located on site. Both units are FULLY VACANT allowing the new Buyer to set their own rents Current market rents for EACH unit is $3200 plus utilities is easily attainable with its proximity to downtown and UWO & Fanshawe College. (id:24570)
Location
Province ON
Rooms
Extra Room 1 Lower level 3.35 m X 2.95 m Bedroom
Extra Room 2 Lower level 4.47 m X 3.02 m Bedroom
Extra Room 3 Lower level 6.05 m X 6.81 m Living room
Extra Room 4 Lower level 3.91 m X 3.3 m Kitchen
Extra Room 5 Lower level 3.12 m X 3.18 m Bedroom 5
Extra Room 6 Main level 6.07 m X 6.91 m Living room
Interior
Heating Baseboard heaters
Cooling Wall unit
Fireplaces Number 2
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 2
Sewer Sanitary sewer