MULTI-PROPERTY MULTI-UNIT INVESTOR'S PACKAGE - 7 UNITS/DOORS & PARCEL OF LAND w/ 9+ ADDITIONAL UNIT DEV POTENTIAL:\r\n\r\nThis listing includes a three unit building and two legal duplex units, a single car garage along with a parcel of tied land (three seperate addresses; 224, 226 & 230 Richmond Street). At the mouth of downtown London on the historic Richmond Street just north of the Thames River and northeast of iconic Wortley Village; this offering has investment potential as a short or long term hold; with ample possibilities at future development. \r\n\r\nThese properties are currently fully tenanted. Present Net Operating Income (NOI) before lending costs of the seven combinded rented units is over $67, 000 and at current market rents (conservative values) could be over $100, 000 Net Operating Income (NOI) before lending costs (refer to Proforma in Documents). \r\n\r\n230 Richmond Street is a three unit building with three bedroom units on the main and upper levels and a two bedroom unit on the lower level. All units in this three unit building include in suite laundry and dishwashers. Main floor unit was freshly renovated in 2021. All present tenants pay their hydro expenses in this property. \r\n\r\n226 Richmond Street is a semi-detached duplex with a one bedroom upper unit and one bedroom lower unit. 224 Richmond Street is the other half the semi-detached duplex and has a two bedroom upper unit and a two bedroom lower unit. 224 Richmond Street also includes a parcel of tied land (formally three seperate addresses - 220 & 222 & 224 Richmond Street that have merged under single ownership).\r\n\r\nProperty being sold ""as is/where is""(R3-1 zoning). Adjacent properties are zoned as AC4 commercial. Planner has suggested that Nine - Fifteen Unit building can be constructed on vacant lot that is currently part of 224 Richmond property. This oppurtunity is particularly valuable to potential developers/ builders. (id:55598)
- MLS® X8259362
- Date Listed05/06/2022
- Days on Realty 860 Days
- Bedrooms 14
- Bathrooms 7 baths
- Lot Size -
- Sewer Other
- Subdivision East K
- Property Type Other
- Water Public
- Square Feet 3,978 sq. ft
- Price Per Sq. Ft $466.53
Interior Features
- Appliances Dishwasher, Dryer, Refrigerator, Stove
- Heating Forced Air
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Public • PK - 8
1.44 km
Distance
Public • PK - 8
1.37 km
Distance
Public • PK - 8
2.03 km
Distance
University Heights Public School
Public • PK - 8
1.59 km
Distance
Public • PK - 8
1.44 km
Distance
Public • PK - 8
2.14 km
Distance
Public • PK - 8
2.46 km
Distance
Public • PK - 8
2.07 km
Distance
Louise Arbour French Immersion Public School
Public • PK - 8
2.35 km
Distance
Public • PK - 8
2.35 km
Distance
École secondaire catholique École secondaire Monseigneur-Bruyère
Public • 6 - 12
3.06 km
Distance
Public • 6 - 8
3.41 km
Distance
Lester B. Pearson School for the Arts
Public • 6 - 8
4.74 km
Distance
École secondaire Gabriel-Dumont
Public • 6 - 12
10 km
Distance
London Central Secondary School
Public • 9 - 12
2.79 km
Distance
Public • 9 - 12
2.69 km
Distance
Public • 9 - 12
2.79 km
Distance
Public • 9 - 12
3.41 km
Distance
Mother Teresa Catholic Secondary School
Public • 9 - 12
4.8 km
Distance
Sir Frederick Banting Secondary School
Public • 9 - 12
3.86 km
Distance
London South Collegiate Institute
Public • 9 - 12
4.65 km
Distance
Public • 9 - 12
5.13 km
Distance
Public • 9 - 12
5.5 km
Distance
Public • 9 - 12
3.81 km
Distance
St. Marguerite d'Youville School
Private • PK - 8
2.84 km
Distance
Private • PK - 8
5.56 km
Distance
Sales & Tax History
Source: Public Records
Street Address | Beds | Baths | Sold Date | List Price |
---|---|---|---|---|
576 LAMBTON Street | 3 | 3 | Sep 02, 2024 | $998,900 |
1302 FULLER Street | 3 | 2 | Sep 12, 2024 | $629,900 |
39 GRASMERE Crescent | 4 | 3 | Aug 28, 2024 | $1,185,000 |
360 MCNAY Street | 4 | 2 | Sep 02, 2024 | $599,000 |
290 BERRYHILL Drive | 4 | 3 | Sep 12, 2024 | $918,000 |
1018 BLYTHWOOD Road | 3 | 2 | Aug 31, 2024 | $599,900 |
501 SKYLINE Avenue Unit# 6 | 2 | 2 | Sep 12, 2024 | $799,900 |
1177 Melsandra Avenue, London ON N5Y 4P1 | 3 | 2 | Aug 30, 2024 | $628,800 |
459-461 CENTRAL Avenue | 5 | 2 | Aug 28, 2024 | $799,900 |
491 LAWSON Road | 4 | 2 | Sep 11, 2024 | $889,900 |
69/100
Somewhat Walkable
Walk Score ®
62/100
Good Transit
Transit Score ®
80/100
Very Bikeable
Bike Score ®
Overview
Some errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.Transit Summary
17 nearby routes: 17 bus, 0 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 51/100, Transit Score: 45/100, Bike Score: 59/100.
Points of interest near 224, 226 & 230 RICHMOND STREET, London, ON N6B2H6
118 m
Distance
Elgin Hall, London, ON, Canada
Transport
118 m
Distance
145 m
Distance
147 m
Distance
172 m
Distance
173 m
Distance
180 m
Distance
25 m
Distance
93 m
Distance
114 m
Distance
126 m
Distance
214 m
Distance
King Richie's Pizzeria, London, ON, Canada
Food • Retail
269 m
Distance
Dooly's Shawarma, London, ON, Canada
Food • Retail
275 m
Distance
King Richie's Pizzeria, London, ON, Canada
Food • Retail
269 m
Distance
Dooly's Shawarma, London, ON, Canada
Food • Retail
275 m
Distance
278 m
Distance
Natural Recreation
331 m
Distance
TD Canada Trust, London, ON, Canada
Finance Professional
249 m
Distance
TD Canada Trust, London, ON, Canada
Finance Professional
249 m
Distance
Broughdale Pub, London, ON, Canada
Nightlife
272 m
Distance
Natural Recreation
331 m
Distance
374 m
Distance
Medway Lot, London, ON, Canada
Unknown
163 m
Distance
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Frequently Asked Questions for 224, 226 & 230 RICHMOND STREET
Source: Realty.com
224, 226 & 230 RICHMOND STREET, London, ON N6B2H6 is a Other, Business Opportunity property listed for $1,855,855 The property is 3978 sq. ft with 14 bedrooms and 7 bathrooms
Realty.com has 28 photos of 224, 226 & 230 RICHMOND STREET.
The full address for this home is 224, 226 & 230 RICHMOND STREET, London, ON N6B2H6.
224, 226 & 230 RICHMOND STREET has been listed on Realty.com since Fri May 06, 2022
Some errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.
The average walkability score in the surrounding area is Walk Score: 51/100, Transit Score: 45/100, Bike Score: 59/100.
Listing provided courtesy of:
EXP REALTY
(tel: (866) 530-7737)
Listing agent:
NATHAN BLANCO
(tel: (866) 530-7737)
This content last refreshed on 2024-09-12 07:58:32. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 224, 226 & 230 RICHMOND STREET, London, ON N6B2H6 : MLS® X8259362