An excellent investment opportunity in the heart of London! Welcome to 784 Little Grey Street, a fully tenanted duplex perfect for first-time investors, house hackers, or those looking to expand their portfolio. The main floor unit (Unit A) features three bedrooms and a 4-piece bathroom, currently rented for $1998.00 per month plus electricity. The upper unit (Unit B) offers two bedrooms and a 4-piece bathroom, rented for $1588.00 per month plus electricity. Each unit is separately metered for electricity, with tenants paying their own electricity while the landlord covers gas and water. This turn-key property is fully tenanted with AAA+ tenants, offering low maintenance and consistent cash flow. Recent upgrades include new click vinyl flooring in Unit A, a roof replacement in 2019, a large shed added in 2021, one owned tankless water heater, one rented water heater, an owned hot water radiator heating system, and an owned window-mounted A/C unit in Unit B. The property also provides parking for four vehicles (three tandem, one single). Conveniently located near 100 Kellogg Lane, the Western Fair Artisan & Farmers Market, trendy restaurants, cocktail lounges, microbreweries, coffee shops, florists, bakeries, and the downtown core, this property offers both versatility and long-term value to any portfolio! (id:4069)
Address
784 LITTLE GREY STREET
List Price
$565,000
Property Type
Multi-family
Type of Dwelling
Duplex
Area
Ontario
Sub-Area
London East (east L)
Bedrooms
5
Bathrooms
2
Floor Area
15,002,000 Sq. Ft.
Lot Size
40 x 140 FT Sq. Ft.
MLS® Number
X12138457
Listing Brokerage
ROYAL LEPAGE TRILAND REALTY
Basement Area
Full
Postal Code
N5Z1P1
Zoning
RD2-2
Site Influences
Public Transit, Place of Worship
Amenities
Separate Electricity Meters
