870 Queens Avenue, London, ON N5W 3H6
- $920,000
- 6
- BD
- 4
- BA
- 1,500
- SqFt
- List Price
- $920,000
- Price Change
- ▼ $280,000 1786738564
- MLS#
- X12979630
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Triplex
- Style
- 2-Storey
- Bedrooms
- 6
- Bathrooms
- 4
- Living Area
- 1500-2000
- Province
- ON
- Municipality
- London
- Area
- Middlesex
- Neighborhood
- East
- Subdivision
- Queens Ave And Ontario Street
Property Description
Projected future rents for the triplex are estimated at $2,200/month for the upper level, $1,800/month for the ground level, and $1,500/month for the basement unit, resulting in an approximate annual Net Operating Income (NOI) of $57,000; tenants pay hydro, as all units are separately metered. Interior photos taken before current tenants moved in, come see the potential in person.
Additional Information
- Taxes
- $5,544
- Heat Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning
- None
- Kitchens
- 3
- Exterior
- Brick, Brick Front
- Garage Type
- None
- Pool
- None
- Parking Spaces
- 3
- Parking Type
- Private
Mortgage Calculator
Listing courtesy of THE AGENCY REAL ESTATE.