$479,900

20 Adelaide Street, London, ON

1,920

Square feet

Excellent opportunity in central London! 20 Adelaide Street is a 5 plex that offers the chance to jump start your real estate investment- tons of potential for the savvy investor. Priced to reflect the possibilities for improvements and the huge upside in future rents. Close to Thompson Road Park, GA Wheable learning centre and public transit. Gross annual income of $42,353.52! Expenses of $13,027.15 meaning an annual net income of $29,326.37. Cap rate of 6%. This address is part of a 4-property portfolio that can be purchased individually, or together. See MLS 40179875, 40179838, 40179802, 40179778.

Facts & Features

MLS® # 40179778
Price $479,900
Bathrooms 0.00
Square Footage 1,920
Type Residential Income
Sub-Type Fiveplex
Status Active

Community Information

Address 20 Adelaide Street
Area South
Subdivision South I
City London
County Middlesex
Province ON
Postal Code N5Z 3J8

Amenities

Is Waterfront No
Has Pool No

Interior

Interior Features Other (see remarks)
Heating Other (see remarks)
Cooling Other
Fireplace No
# of Stories 2
Has Basement No

Exterior

Roof Other
Construction Other
Foundation Unknown

School Information

Elementary Princess Elizabeth PS, Holy Rosary Catholic School, St. Martin Catholic ES
High H.B. Beal SS, London South CI, Laurier SS, Clarke Road SS

Additional Information

Days on Market 39
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX HALLMARK A TEAM

Listing Map

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