340 HILL STREET new Save Request In-Person Tour Request Virtual Tour
London,ON N6B1E3
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $399
Subdivision East K
MLS Listing ID X12075582
Bedrooms 12
Originating Board London and St. Thomas Association of REALTORS®
Property Description
Well maintained 6 unit investment property located in SOHO at the corner of Wellington Street and Hill Street. Consisting of 1- 1 bedroom, 4- 2 bedroom and 1- 3 bedroom units along with an addtional 33' x 41' parcel of land. On-site coin laundry. Parking for 9 vehicles. Located across the street from new mixed-use housing development on South Street. Current NOI: $77,222.94. Potential for significant upside, current rents below market. The 3 bedroom unit will be vacant upon possession (market rent $1,800 per month). Zoning R3-1. Close proximity to Wellington Road and transit and within walking distance to downtown London. (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Window air conditioner
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 9
Private Pool No
Building
Story 3
Sewer Sanitary sewer