MLS®: 117206 Status: For sale

View all photos on one page  Print a Feature Sheet for this Listing  Request More Information about this Listing 
View Slide Show 

Payment Calculator
Price: ($)
Down Payment:
Rate:
 (%)
Amortization:
 (Years)
Frequency:
( * = Accelerated )
 
Down Payment:
 
Mortgage Payment:
 
All calculations for informational purposes only, and should be verified.
$799,900
Location:

119 Elmwood Avenue E, London Ontario, N6C1J7

119 Elmwood Avenue E, London Ontario
Description:
Money making 9 PLEX in popular Old South, just one block away from the coffee shops, grocery store, restaurants and YMCA. 9 Individual units: 1 x bachelor, 2 x 1 bedroom, 6 x 2 bedroom; Each tenant pays their own hydro (separately metered). Great tenants, many of them long term. Units range in finish with some totally updated, and still lots of opportunity to improve other units further, and increase rents (some units rented below market value due to long term tenants) Shared Coin-Operated Laundry in lower level. Brand new boiler installed 2018. Brand new deck & balcony completed 2018. Ample parking behind the building. ** Gross Income: $76,311 Total Expenses: $27,301 NET INCOME: 49,010 ** 6.1% CAP ** Detailed Rent Roll & Expense information available upon request as well as fire certificates. Multifamily buildings in a premium location like this are a rare find! Wont last long! (id:2471)
Property:
Type: Multi-family
Acreage: under 1/2 acre
Sewer: Municipal sewage system
Structure:
Style: Multi-Family
Heating: Hot water radiator heat
Heating Type: Natural gas
Exterior: Brick, Other
Foundation Type: Block, Poured Concrete
Features:
Laundry- Coin operated     
Loading..
Click Here to View Additional Neighbourhood Information
View Slide Show  View all photos on one page

119 Elmwood Avenue E, London Ontario

RE/MAX Centre City Realty Inc., Brokerage - REMAXLondon.com

Gord Prior
Sales Representative

Email Me

Telephone:
519-667-1800



Listing Office: SUTTON GROUP - SELECT REALTY INC., BROKERAGE, INDEPENDENTLY OWNED AND OPERA

MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association.

Go Back

The above information is believed to be accurate but is not warranted.
This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association. The out of province listing content on this website is not intended to solicit a trade in real estate. Any consumers interested in out of province listings must contact a person who is licensed to trade in real estate in that province.The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademark DDF® is also owned by CREA and identifies CREA’s Data Distribution Facility (DDF®). The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
**Broker *Sales Representative

Powered by YOA.ca