Description

 Price: $ 779,000.00 MLS^®: X12928938         Location : 279 Hill Street, London East, ON N6B 1E1

Attention Investors or any buyers looking to live-in with excellent Income. Core area beautifully maintained 5-plex - Always fully rented, tenants pay heat/hydro (separate meters). Handy garage/workshop for landlord storage at the rear of the building. Building consists of 2 x 2 bed unit, 2 x 1, and a bachelor. All tenants on month to month. This is a fantastic up and coming area located just steps to the BRT corridor. Can be sold together with 281 Hill st (large duplex). Current CAP is 6% with incredible growth potential. Great addition to your portfolio! Seller will consider a Vendor Take Back mortgage. Don't miss out!

Location Description

Wellington & Hill St

Property Details

• Community: East K
• Property Type: Tenant/Residential Freehold
• Bedrooms: 7
• Bath: 5
• Garages: None

Building Features

• Foundation Type: Concrete Block-Poured Concrete
• Construction Material: Brick-Wood
• Total Parking Space: 5

Features

• Heating: Baseboard Electric
• Sewer: Sewer ,