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64 Duchess Avenue London, Ontario N6C 1N2

7 Bedroom 5 Bathroom 2999.975 - 3499.9705 sqft
Radiant Heat Landscaped

$1,499,900

Discover this 5 Plex at 64 Duchess Ave, located in the heart of one of Canadas most sought-after neighbourhoods, Wortley Village. This fully tenanted building boasts AAA tenants across two spacious 2-bedroom units and three 1-bedroom units, ensuring steady and reliable income. On-site laundry, 6 hydro meters, 1 water meter, and 1 gas meter adds to the propertys appeal, making it easy to manage and operate. The property holds an active rental license with the City of London. Net Operating Income of $80761.84 and a current cap rate of 5.39%, this is a solid investment in a thriving community with potential for upside! Located on a corner lot in Wortley Village, known for its vibrant atmosphere and voted one of the best neighbourhoods in Canada, this property offers a turn key opportunity to invest in a highly desirable location. The property features modern conveniences with individual temperature control for each unit, allowing tenants to manage their own temperature settings for optimal comfort. With two driveways providing a total of 10 parking spots, parking is ample. Inquire about competitive financing options. (id:18082)

Property Details

MLS® Number X9300237
Property Type Multi-family
Community Name South F
AmenitiesNearBy Place Of Worship, Park, Public Transit
CommunityFeatures Community Centre
Features Flat Site, Carpet Free
ParkingSpaceTotal 10
Structure Porch, Shed

Building

BathroomTotal 5
BedroomsAboveGround 7
BedroomsTotal 7
Amenities Separate Heating Controls, Separate Electricity Meters
Appliances Water Heater, Dishwasher, Dryer, Refrigerator, Stove, Washer
BasementType Full
ExteriorFinish Brick
FireProtection Controlled Entry, Smoke Detectors
FoundationType Unknown
HeatingFuel Natural Gas
HeatingType Radiant Heat
StoriesTotal 3
SizeInterior 2999.975 - 3499.9705 Sqft
Type Other
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Place Of Worship, Park, Public Transit
LandscapeFeatures Landscaped
Sewer Sanitary Sewer
SizeDepth 107 Ft ,6 In
SizeFrontage 93 Ft ,7 In
SizeIrregular 93.6 X 107.5 Ft
SizeTotalText 93.6 X 107.5 Ft|under 1/2 Acre
ZoningDescription R2-2

Utilities

Cable Installed
Sewer Installed

https://www.realtor.ca/real-estate/27367949/64-duchess-avenue-london-south-f

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