763 Colborne Street, London ON N6A 3Z8

$ 849,900
763 Colborne Street, London ON N6A 3Z8,
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Overview

  • Updated On:
  • April 23, 2024
  • 6 Bedrooms
  • 3 Bathrooms
  • 1,872 ft2

Description

Exciting Update on Rental Property! Achieving a 5.1% Cap Rate with Over $50,000 in Gross Income! Explore this property with an exceptionally deep lot, just moments away from Downtown, Western University, Fanshawe College, St. Joseph’s Hospital, and numerous amenities. This two-story brick residence is fully occupied and ready for a new owner. It comprises lower, first, and second-floor units, each with its own entrance. The lower and first-floor units include utilities, while the second unit is separately metered for electricity. Additional revenue streams come from local businesses leasing parking spaces at the rear of the property. Don’t miss out on this opportunity to own a slice of downtown London! Income and expense details are available upon request. This property is completely turnkey!

Address: 763 Colborne Street, London ON N6A 3Z8
City:
State/County:
Zip: N6A 3Z8
Country: CA
Open In Google Maps
Property Id : 1659721
Price: $ 849,900
Property Size: 1,872 ft2
Bedrooms: 6
Bathrooms: 3
Other Features
Dishwasher
Dryer
Has Heating System
Microwave
None
Open Parking
Refrigerator
Separate Hydro Meters
Stove
Washer
Year Round Living
$ 3,295.23
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,295.23

Mazher Latif

Real Estate Agent
Member of: Cityscape Real Estate Ltd., Brokerage

Contact Me

Schedule a showing?
Call +1 (519) 209-6934 WhatsApp

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Mazher Latif