Map location of 224, 226 & 230 RICHMOND STREET, London, ON N6B2H6
$1,855,855
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224, 226 & 230 RICHMOND STREET, London, ON N6B2H6

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14 Beds
7 Baths
3,978 Sq Ft

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)

Listing By: NATHAN BLANCO - EXP REALTY
Listing provided courtesy of Canadian Real Estate Association
  • 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

École secondaire catholique École secondaire Monseigneur-Bruyère

Public • 6 - 12

3.06 km

Distance

St. Mary's Catholic School

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

A.B. Lucas Secondary School

Public • 9 - 12

2.69 km

Distance

Catholic Central High School

Public • 9 - 12

2.79 km

Distance

H.B. Beal Secondary School

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

Medway High School

Public • 9 - 12

5.13 km

Distance

Westminster Secondary School

Public • 9 - 12

5.5 km

Distance

Montcalm Secondary School

Public • 9 - 12

3.81 km

Distance

St. Marguerite d'Youville School

Private • PK - 8

2.84 km

Distance

St. Theresa Separate School

Private • PK - 8

5.56 km

Distance

Sales & Tax History

Source: Public Records

Walkability in ON / N6B2H6

Source: Walkscore

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

25 m

Distance

93 m

Distance

114 m

Distance

126 m

Distance

214 m

Distance

269 m

Distance

275 m

Distance

269 m

Distance

275 m

Distance

278 m

Distance

Pool, London, ON, Canada

Natural Recreation

331 m

Distance

249 m

Distance

249 m

Distance

272 m

Distance

Pool, London, ON, Canada

Natural Recreation

331 m

Distance

374 m

Distance

163 m

Distance

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

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