763 COLBORNE STREET new

London East (east B),ON N6A3Z8

$ 689900

6 Beds

3 Baths

1500 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $459

Subdivision East B

MLS Listing ID X12142153

Bedrooms 6

Originating Board London and St. Thomas Association of REALTORS®

Property Description

Welcome to 763 Colborne Street, a prime triplex investment opportunity located in the heart of Londons prestigious Old North neighbourhood. This fully occupied, turnkey property generates over $50,000 in annual gross income and offers a strong cap rate. The home features three self-contained unitslower, main, and uppereach with its own private entrance. The lower and main floor units include utilities, while the upper unit is separately metered for hydro. Situated just minutes from Downtown, Western University, Fanshawe College, St. Josephs Hospital, and numerous amenities, this property attracts AAA tenants and ensures stable, long-term rental demand. This is a rare chance to own a cash-flowing property in one of Londons most desirable communities. Income and expense details available upon request. (id:24570)

Location

State ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 5

Private Pool No

Building

Story 2

Sewer Sanitary sewer

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