354 SPRUCE STREET Active Save Request In-Person Tour Request Virtual Tour
London,ON N5W4N7
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,099 sqft
Price per Sqft $626
Subdivision East H
MLS Listing ID X9056488
Bedrooms 5
Originating Board London and St. Thomas Association of REALTORS®
Property Description
Situated on a beautiful quiet treed street, sits this newly renovated historic charmer multi-unit property. The second story addition of a new upper legal unit was just completed with building permit in 2023. This is the perfect owner occupy mortgage helper, multi-generational home or turnkey investment property (over $62,000 annual rent income possible). Presently the main level three bedroom unit is rented at $2074 a month plus utilities; and $1529 for the garden suite inclusive of utilities. There is a rare detatched coach house tucked away in the backyard that provides the perfect work-from-home studio location you have been searching for or just additional income! Currently the upper spacious studio unit is vacant making this a perfect mortage helper property for the owner to reside in one unit and collect rental income from the other two units. Top to bottom, nearly everything has been redone from new luxury vinyl plank floors throughout, new roofs, a new on demand high efficiency hot water heater system, new plumbing and electrical throughout, energy efficient windows, brand new kitchens (with gas stoves), brand new redone bathrooms with luxury tile, stainless steel appliances, and a brand new heat pump / AC system to be installed prior to closing. This is not one to miss, such a unique property with all these features rarely comes on the market. Seller financing / vendor take back option to aid in the process of downpayment possible for qualified buyers. Dont wait! (id:24570)
Location
Province ON
Interior
Heating Baseboard heaters
Cooling Central air conditioning
Exterior
Garage No
Community Features School Bus,Community Centre
Waterfront No
View Y/N No
Total Parking Spaces 3
Private Pool No
Building
Story 2
Sewer Sanitary sewer