933 Elias Street London, ON

$699,900
|
5 Beds
|
  4 Full
|

PROPERTY INFO

Attention investors and house-hackers! An excellent turn-key opportunity with this triplex in Old East Village. With the front unit owner-occupied and the other two units rented to A++ tenants, there's an immediate income potential of over $50, 000. At market value rent the fully rented potential income increases to over $58, 000. Each fully-contained unit has its own entrance, with every unit containing it's own appliances, including a washer, dryer, dishwasher, and microwave. No shared spaces and all units are above-grade. Unit 1 (front) - 1 bedroom, 1 bathroom currently owner occupied and vacant upon close. Unit 2 (back) - 2 bedrooms, 1.5 bathrooms rented at $1565 per month. Unit 3 (upper) - 2 bedrooms, 1 bathroom rented at $1375 per month. One of the largest residential lots on Elias, boasting up to 8 parking spots. Located close to transit and in the desirable Old East Village. Right next door to the Western Fairgrounds and close to fun at The Factory. Easy transit to downtown, 401, Fanshawe, and Western. A great investment, whether a savvy investor or someone looking to house-hack to get into the market, it's an opportunity you don't want to miss! (id:4555)

PROPERTY SPECS

Listing ID 40549233
Address 933 ELIAS Street
City London, ON
Price $699,900
Bed / Bath 5 / 4 Full
Construction Brick
Type Triplex
Status For sale

EXTENDED FEATURES

Year Built 1912Basement PartialBasement Development UnfinishedParking 8Amenities Nearby Airport, Hospital, Park, Playground, Public Transit, Schools, ShoppingCommunity Features Community Centre, Quiet AreaOwnership FreeholdStructure Porch, ShedCooling Central air conditioningFoundation BrickHeating Forced airHeating Fuel Natural gasUtility Water Municipal water Date Listed 2024-03-09 21:01:46Days on Market 53Parking 8

REQUEST MORE INFORMATION

LISTING OFFICE:
Exp Realty BROKERAGE, Douglas Young

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