Prime Investment Opportunity Legal 6-Bedroom Raised Ranch Near Fanshawe College! Located in an A+ rental location, this legal 6-bedroom raised ranch is a turnkey investment with a proven track record of high demand. Just a short walk to Fanshawe College, this property has never experienced a vacancy, consistently renting well in advance of the school year.Featuring high ceilings in the basement, updated flooring, and a new furnace & A/C (2024), Washer and Dryer (2022) this home is well-maintained. With tenants currently paying utilities, this investment generates $4,800/month ($57,600 annually), offering a cash flow of $1,370/month with 25% down and a 30-year amortization. Leases are secured until May 1, 2026, ensuring stability and peace of mind for investors.A rare find in an unbeatable locationdont miss out on this high-income, low-vacancy rental property! (id:4555)
PROPERTY SPECS
Listing ID X12343518
Address 165 THURMAN CIRCLE
City London East (East D), ON
Price $769,900
Bed / Bath 6 / 2 Full
Style Raised bungalow
Construction Brick, Steel
Land Size 41 x 105 FT
Type House
Status For sale
EXTENDED FEATURES
AppliancesDishwasher, Dryer, Microwave, Refrigerator, Stove, WasherBasementFullBasement DevelopmentFinishedParking3Amenities NearbyHospital, Public Transit, SchoolsCommunity FeaturesCommunity Centre, School BusEquipmentWater HeaterFeaturesCul-de-sacOwnershipFreeholdRental EquipmentWater HeaterStructureDeck, PorchCoolingCentral air conditioningFoundationPoured ConcreteHeatingForced airHeating FuelNatural gasUtility WaterMunicipal waterDate Listed2025-08-14 14:01:04Days on Market12Parking3