Exciting Investment Opportunity! Highly desirable rental property conveniently located near downtown. This three-unit building is situated on a spacious lot, within walking distance to downtown and near major transit routes. Units 1 and 2 offer two bedrooms and one bathroom each on the ground level. Unit 3, located on the upper level, is divided into three separate units (A, B, and C). Unit A features 2 bedrooms and 1 bathroom, Unit B has 1 bedroom and 1 bathroom, and Unit C is a bachelor unit with a bathroom. Experience the beauty of scenic trails along the Thames River, attend major ball games in London, and enjoy various festivals and entertainment events downtown. This property generates a net income of $58, 000 annually, with a Pro Forma worksheet available for review upon request. With a remarkable cap rate of 7.1%, this investment opportunity is not to be missed. Act swiftly to seize this lucrative opportunity! Vendor take back mortgage is possible with 30% down to approved potential buyers. (id:55598)
- MLS® X8285652
- Date Listed03/13/2024
- Days on Realty 124 Days
- Bedrooms 7
- Bathrooms 5 baths
- Lot Size -
- Sewer Other
- Subdivision East K
- Property Type Other
- Water Public
- Square Feet 3,000 sq. ft
- Price Per Sq. Ft $249.97
Interior Features
- Heating Forced Air, Natural Gas
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
87/100
Very Walkable
Walk Score ®
70/100
Excellent Transit
Transit Score ®
82/100
Very Bikeable
Bike Score ®
Overview
Most errands can be accomplished on foot. Transit is convenient for most trips. Biking is convenient for most trips.Transit Summary
24 nearby routes: 20 bus, 4 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 57/100, Transit Score: 49/100, Bike Score: 59/100.
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Frequently Asked Questions for 387 HORTON STREET
Source: Realty.com
387 HORTON STREET, London, ON N6B1L6 is a Other, Business Opportunity property listed for $749,900 The property is 3000 sq. ft with 7 bedrooms and 5 bathrooms
Realty.com has 40 photos of 387 HORTON STREET.
The full address for this home is 387 HORTON STREET, London, ON N6B1L6.
387 HORTON STREET has been listed on Realty.com since Wed March 13, 2024
Most errands can be accomplished on foot. Transit is convenient for most trips. Biking is convenient for most trips.
The average walkability score in the surrounding area is Walk Score: 57/100, Transit Score: 49/100, Bike Score: 59/100.
Listing provided courtesy of:
CENTURY 21 FIRST CANADIAN CORP
(tel: (519) 673-3390)
Listing agent:
KEN PATPATIA
(tel: (519) 673-3390)
This content last refreshed on 2024-07-15 13:55:41. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 387 HORTON STREET, London, ON N6B1L6 : MLS® X8285652