764 KING Street, London, ON N5W 2X4
- $499,900
- 3
- BD
- 2
- BA
- List Price
- $499,900
- MLS#
- X11898529
- Status
- ACTIVE
- Type
- Single Family Residential
- SubType
- Detached
- Style
- 1 1/2 Storey
- Bedrooms
- 3
- Bathrooms
- 2
- Province
- ON
- Municipality
- London
- Area
- Middlesex
- Neighborhood
- East
- Subdivision
- Going East On King Past Lyle House Is On The Left.
Property Description
Great property to add to your investment portfolio. Fully leased until Feb 28, 2025. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is currently tenanted with rent coming in at $2800 per month plus utilities. Leased until Feb 28th and the tenants would like to stay. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. The input of our tax dollars has improved the area and curb appeal. The 6.2 % cap rate makes this a money maker for any investor. Please allow 24 hours notice on all showings for tenants.
Additional Information
- Taxes
- $2,001
- Heat Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning
- Central Air
- Rooms
- 10
- Kitchens
- 1
- Exterior
- Brick
- Garage Type
- Detached
- Pool
- None
- Parking Spaces
- 3
- Parking Type
- Private
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Listing courtesy of Initia Real Estate (Ontario) Ltd.