169 ADELAIDE Street N , London

3 Bed / 6 Bath / $900,000 / MLS® Listing #:40259220

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FULLY LEASED TURNKEY COMMERCIAL & RESIDENTIAL 6-PLEX with a 6+% CAP RATE! Current monthly income is $5,460 with an annual Net Operating Income (NOI) of $54,664.06. If you're looking to grow your investment portfolio, don't miss out on this one. Great commercial tenant in place with lease until 2024. Commercial tenant also occupies 2 other units in the building. Paved parking for 4 cars in the driveway and 2 more dedicated parking spots at the front of property. This property has 5 hydro meters with a full and clean unfinished basement with separate entrance. Add this money-maker to your portfolio today! (id:10452)

Property Details

Property Type Multi-family
Square Feet 2500.0000
Maintenance N/A
Days On Our Website 7
Basement Unfinished - Full (Unfinished)
Kitchens
Lot Dimensions under 1/2 acre
Pool N/A
Area London
Air Conditioning None
Heating - Forced air
Exterior Brick
Parking Spaces 6
Sewers Municipal sewage system
Water Municipal water

Listing Office: CENTURY 21 FIRST CANADIAN CORP., BROKERAGE



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