20 Adelaide ST S new

London,ON N5Z 3J8

$ 749900

4 Beds

5 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

MLS Listing ID X11908989

Style Other

Bedrooms 4

Annual Tax Amount $3,681

Tax Year 2024

Property Description

Multi-Unit Investment Opportunity in London, Ontario. Discover this prime investment opportunity: a fully tenanted 5-unit building offering consistent rental income with a gross rent of $77,528.64 annually, making it an excellent addition to any investor's portfolio. Five Separate Hydro Meters and plenty of parking for all the tenants. Enjoy immediate cash flow at market rents with reliable, established tenants in place. Situated by Victoria hospital, close to amenities, schools, public transportation, and major thoroughfares. This is an exceptional opportunity for investors seeking stable income and growth potential in one of Ontario's most promising real estate markets. Dont miss out on this turnkey property!

Location

Province ON

County Middlesex

Community South I

Area Middlesex

Rooms

Family Room Yes

Kitchen 5

Interior

Cooling None

Exterior

Exterior Feature Lighting

Parking Features Private Double

Garage Spaces 6.0

Pool None

Roof Type Flat

Building

Foundation Concrete

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