564 York Street
- London Ontario Income Property
- Type: Multifamily
- Style: Multiplex
- Suite: Potential
- Taxes: $23,864.00 (2016)
- MLS ® #: 605286
A very solid 12-plex in good condition. All 11-2 bedrooms renovated within the last 3 years including new kitchens, fridges & stoves. Bathrooms have new tub surround, fixtures and vanity.
New vinyl flooring throughout. Building has new windows (all but 2).
Bachelor unit not in use.
Separate meters, security cameras & controlled entry .
Tenants pay own hydro, separate meters, Coin-op laundry (owned).
Ample parking and on direct bus route.
Here are some basic hard numbers for this building. Based on the following income: 3 units @825 per month, 4 units @$875 per month, 2 units @ $975 per month & 2 units @ $900 per month.
When we receive an accepted offer, more details of course will be forth coming but these numbers I show here are factual, hence no number for management fees or vacancy allowance.
Gross Income $ 116,700
Property Taxes 2016 23,864
Total Expenses $42,573
Not intended to solicit homes currently listed for sale. Information is deemed to be correct but not guaranteed.
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