175 Colborne ST new

London,ON N6B 2S3

$ 539900

4 Beds

2 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

Subdivision East K

MLS Listing ID X12077516

Style 2-Storey

Bedrooms 4

Building Age 31-50

Annual Tax Amount $3,114

Tax Year 2024

Property Sub-Type Duplex

Property Description

Price Improvement! 175 Colborne Street, London, Duplex! Asking $539,000. Purpose-built duplex located just south of London's downtown core in the up-and-coming SOHO area of sale. This duplex consists of 2 two-bedroom, one bathroom apartments that comes with parking and in-unit laundry. Both units are currently leased and bring in $36,816 annually. The tenants are responsible for the hydro. The gas, water, and water heater rentals are paid by the Landlord. the Upper 2 Bedroom $1428 + Hydro and the Lower 2 Bedroom $1640 + Hydro. The 2024 Gross Income is $36,816 with a total 2024 NOI = $30,785.21.

Location

State ON

County Middlesex

Community East K

Area Middlesex

Rooms

Family Room Yes

Basement Full

Kitchen 2

Interior

Interior Features Other

Cooling Central Air

Exterior

Parking Features Available

Pool None

Roof Type Asphalt Rolled

Lot Frontage 32.0

Lot Depth 92.0

Total Parking Spaces 4

Building

Foundation Concrete

Others

Senior Community No

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