360 Stratton Drive, London East (East H), Ontario N5W 4Z7 (28679287)

360 Stratton Drive London East, Ontario N5W 4Z7

8 Bedroom 4 Bathroom 2,500 - 3,000 ft2
Bungalow Forced Air

$759,999

This solid brick 4 plex needs updates, renos and refurbishment. It is sold as is, where it is, with no guarantees or warranties. Present rents are way below the current rental market, due to long-term tenants. The buyers can view one unit , and have a condition in the offer to purchase subject to inspection of other units. The subject property is built as a one-storey fourplex\\( quad style\\). A $50,000 deposit is required with an offer to purchase. Each unit is configured with a living room, dining room, kitchen, two beds and a four-piece bath along with full, partially finished basement levels. The basement levels include laundry, mechanical and recreation room areas. All measurements are approximate, to be verified by the buyer. The kitchen and bathrooms are original along with the original hardwood flooring and cosmetically dated and average or below average overall condition. The roof shingles were newer improvements along with various windows, along with two of the four furnaces. The property has 3 driveways and a single garage. The tenants are long-term with per unit rents reported at $720, $720, $750 and $750, combining to $1940 monthly and $23,280 annually with the tenants responsible for all utilities except the hot water heater. These rents were indicative of long-term tenancies. (id:52373)

Property Details

MLS® Number X12319670
Property Type Multi-family
Community Name East H
Parking Space Total 5

Building

Bathroom Total 4
Bedrooms Above Ground 8
Bedrooms Total 8
Age 51 To 99 Years
Architectural Style Bungalow
Basement Type Full
Exterior Finish Brick
Foundation Type Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 2,500 - 3,000 Ft2
Type Fourplex
Utility Water Municipal Water

Parking

Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 125 Ft
Size Frontage 75 Ft
Size Irregular 75 X 125 Ft
Size Total Text 75 X 125 Ft
Zoning Description R8-1

Rooms

Level Type Dimensions
Main Level Living Room 4.67 m x 3.53 m
Main Level Kitchen 4.14 m x 3.48 m
Main Level Primary Bedroom 3.7 m x 3.48 m
Main Level Recreational, Games Room 5 m x 3.35 m

Utilities

Cable Installed
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/28679287/360-stratton-drive-london-east-east-h-east-h

Contact Us

Contact us for more information

Sherry Farid
Salesperson

(519) 667-1800

RE/MAX Centre City Realty Inc.
675 Adelaide Street North
London, Ontario N5Y 2L4

(519) 667-1800