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551 Hale Street London, Ontario N5W 1H9

None Hot Water Radiator Heat Landscaped

$3,100,000

15 Apartment units available at 551 Hale Street, London, Ontario, 3 two bedrooms, and the remainder one bedroom apartments. This Historic Building has endless opportunities, on almost an Acre of land there ir potential the ability to knock down the addition done in the 60's thus adding a possibility of some higher density such as 3 Storey building with 30 units. See the plans keeping the existing building with adding 3 4 plex's on the side street. This Area of the city is easy to rent and very high demand. The building has been managed by local property management and an out of town landlord. Seller may be willing to take back a mortgage on approved credit OAC. Two of the apartments are available to be seen and upon or after an accepted offer the other units will be available to view. Seller would prefer a 30 to 60 day close at the latest. Please look at documents for more information (id:18082)

Property Details

MLS® Number 40254141
Property Type Multi-family
Amenities Near By Airport, Hospital, Public Transit, Shopping
Community Features Quiet Area
Features Laundry- Coin Operated
Parking Space Total 20

Building

Basement Development Finished
Basement Type Full (finished)
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Brick
Fire Protection Unknown, None
Heating Type Hot Water Radiator Heat
Stories Total 3
Utility Water Municipal Water

Parking

Visitor Parking

Land

Acreage No
Land Amenities Airport, Hospital, Public Transit, Shopping
Landscape Features Landscaped
Sewer Sanitary Sewer
Size Frontage 140 Ft
Size Total Text Under 1/2 Acre
Zoning Description Cf3

https://www.realtor.ca/real-estate/24471775/551-hale-street-london

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