Waterfront investment properties are a rare find in the city! Tenants love the location; central to bus routes including the new rapid transit, Thames Valley Parkway and all that downtown has to offer. Plenty of green space, a large parking lot with a space for every unit and then some, and a scenic view of the Thames River! The property consists of two buildings with 10-units total (one 6-unit building and one 4-unit building); in total there are five 1-bedroom 1-bathroom units, four 2-bedroom 1-bathroom units and one bachelor unit. All tenants pay promptly the first of every month and laundry machines are owned with one set in each building. One of the two bedroom units was just given a complete renovation and some of the roof has been redone. Plenty of opportunity to add value with some units paying below market rent (all units separately metered). Don't miss a great opportunity to invest in London! (id:4555)
PROPERTY SPECS
Listing ID X12378505
Address 1 HIGH STREET
City London South (South F), ON
Price $1,599,900
Bed / Bath 14 / 10 Full
Construction Brick, Vinyl siding
Land Size 79.5 x 42 FT
Type Other
Status For sale
EXTENDED FEATURES
AppliancesDryer, Microwave, Range, Refrigerator, Stove, Washer, Water HeaterParking15Amenities NearbyPublic TransitEasementNoneEquipmentWater HeaterFeaturesIrregular lot size, Lighting, Ravine, Sump Pump, Wooded areaRental EquipmentWater HeaterStructureDeck, Patio(s), ShedViewsCity view, Direct Water View, River view, View of waterWater-frontWaterfrontBuilding AmenitiesSeparate Heating ControlsHeatingOtherUtility WaterMunicipal waterDate Listed2025-09-03 22:00:57Days on Market13Parking15