186 Clarence Street London East, Ontario N6B 2J7
$449,900
Fantastic Investment Opportunity in London's Vibrant SOHO Neighbourhood! This well-maintained triplex is the perfect addition to any investors portfolio or a great option for owner-occupiers looking to offset their mortgage with rental income. Featuring one spacious 2-bedroom unit and two bright 1-bedroom units, the property generates a solid annual income of $32,428 with low annual expenses of just $6,300. Each unit offers private entrances, functional layouts, and excellent rental appeal. Tenants enjoy convenient access to public transit, parks, shopping, and all the amenities that make SOHO one of London's emerging communities. With strong cash flow and room for future value growth, this is a turn-key property in a high-demand rental market. Don't miss your chance to own a proven income generator in a central location! (id:18082)
Property Details
| MLS® Number | X12162319 |
| Property Type | Multi-family |
| Community Name | East K |
| Amenities Near By | Public Transit |
| Community Features | Community Centre, School Bus |
| Features | Lane, Carpet Free |
| Parking Space Total | 1 |
| Structure | Shed |
| View Type | City View |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Age | 100+ Years |
| Appliances | Water Heater, Water Meter, Stove, Refrigerator |
| Basement Development | Unfinished |
| Basement Features | Separate Entrance |
| Basement Type | N/a (unfinished) |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,500 - 2,000 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Fence Type | Partially Fenced |
| Land Amenities | Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 110 Ft |
| Size Frontage | 25 Ft |
| Size Irregular | 25 X 110 Ft |
| Size Total Text | 25 X 110 Ft|under 1/2 Acre |
| Zoning Description | R3-1 |
Utilities
| Cable | Available |
| Sewer | Installed |
https://www.realtor.ca/real-estate/28342567/186-clarence-street-london-east-east-k-east-k
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May 21 2025 04:52:57
London and St. Thomas Association of REALTORS®
Century 21 First Canadian Corp