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Chelsea Mann

[email protected] +1(250) 852-0977

$ 799,900

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22 PALACE STREET London, ON N6B3A6

8 Beds

2 Baths

2,499 SqFt

UPDATED:

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

Listed by COLDWELL BANKER POWER REALTY

Chelsea Mann

Advisor | License ID: 2196

+1(250) 852-0977

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