532-538 Dundas Street, London, ON N6B 1W6
- $1,699,000
- List Price
- $1,699,000
- MLS#
- X13547318
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Multiplex
- Style
- Other
- Living Area
- 5000 +
- Province
- ON
- Municipality
- London
- Area
- Middlesex
- Neighborhood
- East
- Subdivision
- Dundas St And William St
Property Description
13 unit investment property across three buildings including a duplex, four unit building, and three storey seven unit building. Strong unit mix with 12 residential units and 1 commercial unit previously leased residentially. On site parking available with coin operated laundry in the fourplex and shared laundry in the duplex. Prime Dundas Street location near transit routes and major employers. Currently 11 of 13 units occupied at market rents. All units have been recently updated and the buildings have been well maintained. Projected gross income at full occupancy of $210k with projected NOI exceeding $125k. Professional property management currently in place and willing to remain, offering a largely hands off investment opportunity.
Additional Information
- Taxes
- $13,541
- Heat Type
- Baseboard
- Heat Source
- Electric
- Air Conditioning
- None
- Exterior
- Other
- Waterfront Type
- None
- Garage Type
- None
- Pool
- None
- Parking Spaces
- 4
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Listing courtesy of THRIVE REALTY GROUP INC..