Call it a cash cow! This 8plex is located on Dundas St and Oakland Ave. This property is a GREAT INVESTMENT with a gross income of $66,168 (projected $73,368) and a Net income of $33,372 (Projected $40,572) with 8 meters, allowing future landlords plenty of opportunity to increase the bottom line. There are five one-bedroom, one bachelor unit, and two two-bedroom units, all fully rented. There are 5 Parking spots and a Single-car garage that can be rented as a storage space. The basement under 1265 is unfinished with a 2pc bathroom; plumbing is there to set up laundry and the remaining space can be rented as a workshop area/storage for extra income. It is a very rare opportunity to get an 8plex at this price. (id:52373)
| MLS® Number | X9358811 |
| Property Type | Multi-family |
| Community Name | East M |
| AmenitiesNearBy | Public Transit, Schools, Place Of Worship |
| CommunityFeatures | School Bus |
| ParkingSpaceTotal | 4 |
| BathroomTotal | 9 |
| BedroomsAboveGround | 9 |
| BedroomsTotal | 9 |
| Appliances | Water Heater, Refrigerator, Stove |
| BasementType | Partial |
| ExteriorFinish | Brick, Vinyl Siding |
| FoundationType | Block |
| HalfBathTotal | 1 |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| SizeInterior | 3499.9705 - 4999.958 Sqft |
| Type | Other |
| UtilityWater | Municipal Water |
| Detached Garage |
| Acreage | No |
| LandAmenities | Public Transit, Schools, Place Of Worship |
| Sewer | Sanitary Sewer |
| SizeDepth | 126 Ft ,10 In |
| SizeFrontage | 32 Ft ,1 In |
| SizeIrregular | 32.1 X 126.9 Ft |
| SizeTotalText | 32.1 X 126.9 Ft |
| ZoningDescription | Ac4 R2 |
https://www.realtor.ca/real-estate/27443942/1267-dundas-street-london-east-m
Contact us for more information
Durga Prasad Aaripaka
Salesperson
Richard Salhani
Salesperson
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