11 Bedroom
12 Bathroom
Hot Water Radiator Heat
$1,999,000
Rare opportunity to purchase a building like this in the core area. Solid brick 12 unit apartment building. Huge upside potential with rents in the $1350. A month range of value of $2,800,000 at 5% cap rate potential rents of $1600 a month with high end finishes to the units and a projected market value of almost $3,600,000 at a 5% cap rate. Lots of parking in the back parking lot. Solid built building. Roof approx. 8 years old. Located right downtown within walking distance to shops, Victoria park and all amenities. 11 one bedroom apartments and 1 bachelor apartment. Laundry located in lower level. (id:18082)
Property Details
MLS® Number
|
X11894325 |
Property Type
|
Multi-family |
Community Name
|
East F |
Amenities Near By
|
Hospital, Park, Place Of Worship, Public Transit, Schools |
Features
|
Lane |
Parking Space Total
|
12 |
Building
Bathroom Total
|
12 |
Bedrooms Above Ground
|
8 |
Bedrooms Below Ground
|
3 |
Bedrooms Total
|
11 |
Appliances
|
Dryer, Refrigerator, Two Stoves, Washer |
Exterior Finish
|
Brick |
Foundation Type
|
Concrete |
Heating Fuel
|
Natural Gas |
Heating Type
|
Hot Water Radiator Heat |
Stories Total
|
3 |
Type
|
Other |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Land Amenities
|
Hospital, Park, Place Of Worship, Public Transit, Schools |
Sewer
|
Sanitary Sewer |
Size Depth
|
166 Ft |
Size Frontage
|
60 Ft |
Size Irregular
|
60 X 166 Ft |
Size Total Text
|
60 X 166 Ft|under 1/2 Acre |
Zoning Description
|
R3-2 |
https://www.realtor.ca/real-estate/27740839/29-cartwright-street-london-east-f