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640-646 TALBOT STREET - INVESTOR ALERT! Fantastic opportunity to acquire 3 contiguous properties in great downtown London location. 646 Talbot St. is a semi-detached 6 BR unit rented for $3,480 inclusive. 644 Talbot St. is a semi-detached 6 BR unit rented for $3,000 plus all utilities. 640 Talbot St. is a 10 year old purpose built 4plex. Unit 1 is a 5 BR rented for $2,975 plus all utilities. Unit #2 is a 4 BR unit rented for $1,650 inclusive. Unit #3 is a 4 BR unit rented for $1,800 plus all utilities. Unit #4 is a 4 BR unit rented for $2,000 plus all utilities. All units leased until April 30, 2019. Potential upside on rents on tenant turnover. All units are: separately metered, have in unit laundry, at least 2 bathrooms, Forced Air Nat. Gas Furnace and Central AC. All windows are newer. Large paved parking lot with 13 spaces. All 3 properties must be purchased together. All units have a valid rental license with the city of London. (id:2654)

Property Details

  • ID: 133614
  • Storeys: 2
  • Style: Other
  • New Construction: No
  • Status: Active
  • County: Canada

Features

Appliances Dishwasher, Dryer, Refrigerator, Stove, Washer
Architectural Style Multi-Unit
Basement Development Partially finished
Basement Type Partial (Partially finished)
Cooling Type Air Conditioned, Central air conditioning
Equipment Type None
Exterior Finish Brick
Features Skylight
Fire Protection Smoke Detectors
Foundation Type Block, Poured Concrete
Heating Fuel Natural gas
Heating Type Forced air
Other Fireplace Present - False
Rental Equipment Type None
Sewer Municipal Sewage System
Transaction Type For sale
Listed By ROYAL LEPAGE TRILAND REALTY(4), BROKERAGE, INDEPENDENTLY OWNED AND OPERATED
Data Provided By CENTURY 21 Unified Data Feed from CREA