Generating an impressive annual gross rental income of 82,786 dollars this fully tenanted triplex is a prime investment opportunity! This fully tenanted triplex is ideally located in a high-demand area with direct bus routes to both Western University and Fanshawe College, making it a top choice for students and young professionals. The newly renovated main unit spans two stories and features 4 spacious bedrooms, each with a private mini fridge and microwave, and a rare 4.5 bathrooms offering exceptional comfort and privacy. The second unit includes 2 bedrooms, 1 bathroom, and two private decks perfect for outdoor relaxation or entertaining. The lower level unit offers 2 bedrooms and 1 full bath, providing strong rental flexibility. Each unit includes in-suite laundry, adding valuable convenience for tenants. Set on a generous lot with ample parking, the property allows the ability to have consistent occupancy thanks to its all-inclusive rent model. The landlord covers utilities, property taxes, and insurance, simplifying management. Located near downtown and close to all essential amenities, this is a turn-key, high-yield investment ideal for savvy investors or parents seeking secure housing for their university aged children. Opportunities like this are rare dont miss out!
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Approx. Age:
100+
Total Area:
330 sq. ft. Square Feet
Total Area:
330 sq. ft.30.7 m2
Depth:
141'6⅛"43.1 m
Frontage:
57'10"17.6 m
Water supply:
Municipal
Zoning:
R3-1 OC
Heating type:
Gas Forced Air Open
Garage:
Outside/Surface
Possession Details:
Immediate
HST Applicable To Sale Price:
Included In
Assessment:
$256,000
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$4,027 /
2024
Assessment:
$256,000.00 /
2025
London North
North N
Middlesex
Public Transit
Water Heater
3 Fridge, 3 Dishwasher, 2 Cooktop, Stove, 7 Microwaves, 4 Mini Fridges, 2 Stacked Washer/Dryer Sets, Washer and Dryer
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