184 Simcoe St, London, Ontario (MLS X9379118)

Fourplex for Sale in London

184 Simcoe St, London, ON

  • CA$825,900
  • 4+1 BEDS
  • 4 BATHS
  • 7,622.88 sq.ft. Land

Fourplex for Sale in London

184 Simcoe St, London, ON

  • CA$825,900
  • 4+1 BEDS
  • 4 BATHS
  • 7,622.88 sq.ft. Land

Key Facts

  • MLS® #: X9379118
  • Property ID: SIRC2113644
  • Property Type: Residential, Fourplex
  • Lot Size: 7,622.88 sq.ft.
  • Bedrooms: 4+1
  • Bathrooms: 4
  • Additional Rooms: Den
  • Parking Spaces: 4
  • Listed By:
  • CENTURY 21 MILLENNIUM INC.

Property Description

**Seller willing to Hold Financing!** 1st mortgage @6%/yr**legal Rent increases due(+$100/m)** Well Managed, Turn key in Good repair! Brick building with 5 + parking, 4 Separate meters, Coin Washer & Dryer. Unit#1($1,640/m): Front door access on Main level, 1+1 bed, 4 pcs bath, recently renovated, Pot Lights , laminate flooring. Unit#2($1,050/m): Access through rear, main level door, 1 Bed, 4 pcs bath, renovated with pot lights & laminated floor. Unit#3($1,300/m): Access through rear main level door, use common area stair to second level, 1 Bed, 4 pcs bathroom , eat in kitchen, laminate flooring. Unit#4($1,230/m): Access through rear lower level door, 1 Bed+den, kitchen living combined, 4 pcs bathroom. Coin Laundry ($150/m): through rear lower Level door, Landlord pays electric meter for common area coin laundry, Storage & utility room. All units heated by baseboard electric. Deep lot for additional potential. R3-1 Zoning allows Fourplex. This property currently ***Under Power of Sale*** Buyer will complete their own due diligence, accept the property as is. Seller cannot offer any warranties. NET INCOME $55,759 (buyer to verify)

Rooms

  • TypeLevelDimensionsFlooring
  • KitchenMain10' 7.5" x 14' 7.5"Other

Listing Agents

CENTURY 21 MILLENNIUM INC.

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Location

184 Simcoe St, London, Ontario, N6B 1H9 Canada

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