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Remarkable Triplex For Sale Income Opportunity London Ontario

Have you wanted an income property in London, Ontario, that combined with the right ingredients of your personal touch? This tri-plex will be one of the best investments you will ever make.

This would also be an ideal home for multi-generation families and earn some income!

This legal purpose-built brick property has two three-bedroom units and one one-bedroom apartment with separate metres, and all share the laundry in the basement. The two three-bedroom apartments are occupied by long-term tenants who wish to stay and are month to month, paying $1050 monthly all-inclusive. Considerably less than current market rents, the one-bedroom was owner-occupied and is now vacant; the projected income for the lower one-bedroom is a minimum of $850.00.

There is parking galore, a large fenced backyard and a shared driveway. The expenses for 2021 were $12,841, not including mortgage principal & interest; income from the two rental units was $25,200. Be creative and proactive; you should be able to generate $40,000 plus annually!

Did I mention the location? Google it; what better location in London for a rental property? Limited times are available for viewings; have your Realtor book a time now!

MLS# 40207249

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Ty Lacroix

Founder & Owner & Broker of Record of Sutton Group Envelope Real Estate Inc, That's all I can say about me! You see, this is about you, not me; you do not want to hear blah blah stuff about awards, designations or that we walk older people across the street, the reincarnation of Mother Teresa, walk on water or anything else to impress you. We let the numbers speak for themselves; you see, success leaves clues!

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