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784 Little Grey Street London East, Ontario N5Z 1P1

5 Bedroom 2 Bathroom 1500 - 2000 sqft
Window Air Conditioner Baseboard Heaters

$565,000

An excellent investment opportunity in the heart of London! Welcome to 784 Little Grey Street, a fully tenanted duplex perfect for first-time investors, house hackers, or those looking to expand their portfolio. The main floor unit (Unit A) features three bedrooms and a 4-piece bathroom, currently rented for $1998.00 per month plus electricity. The upper unit (Unit B) offers two bedrooms and a 4-piece bathroom, rented for $1588.00 per month plus electricity. Each unit is separately metered for electricity, with tenants paying their own electricity while the landlord covers gas and water. This turn-key property is fully tenanted with AAA+ tenants, offering low maintenance and consistent cash flow. Recent upgrades include new click vinyl flooring in Unit A, a roof replacement in 2019, a large shed added in 2021, one owned tankless water heater, one rented water heater, an owned hot water radiator heating system, and an owned window-mounted A/C unit in Unit B. The property also provides parking for four vehicles (three tandem, one single). Conveniently located near 100 Kellogg Lane, the Western Fair Artisan & Farmers Market, trendy restaurants, cocktail lounges, microbreweries, coffee shops, florists, bakeries, and the downtown core, this property offers both versatility and long-term value to any portfolio! (id:52600)

Property Details

MLS® Number X12138457
Property Type Multi-family
Community Name East L
AmenitiesNearBy Public Transit, Place Of Worship
CommunityFeatures School Bus
ParkingSpaceTotal 4

Building

BathroomTotal 2
BedroomsAboveGround 5
BedroomsTotal 5
Amenities Separate Electricity Meters
Appliances Water Heater
BasementType Full
CoolingType Window Air Conditioner
ExteriorFinish Vinyl Siding
FireProtection Smoke Detectors
FoundationType Block
HeatingFuel Natural Gas
HeatingType Baseboard Heaters
StoriesTotal 2
SizeInterior 1500 - 2000 Sqft
Type Duplex
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
LandAmenities Public Transit, Place Of Worship
Sewer Sanitary Sewer
SizeDepth 140 Ft
SizeFrontage 40 Ft
SizeIrregular 40 X 140 Ft
SizeTotalText 40 X 140 Ft
ZoningDescription Rd2-2

Rooms

Level Type Dimensions

Utilities

Sewer Installed

https://www.realtor.ca/real-estate/28290783/784-little-grey-street-london-east-east-l-east-l

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