ON > London
London, ON N6C 4J8,93 High ST
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London, ON N6C 4J8,93 High ST
London, ON N6C 4J8,93 High ST
London, ON N6C 4J8,93 High ST
London, ON N6C 4J8,93 High ST
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Jeff Somlo

Jeff Somlo

BHHS Ontario

+1(647) 998-3693
$ 4,500,000
Est. payment /mo
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Active

93 High ST London, ON N6C 4J8

25 Baths

UPDATED:

11/06/2024 07:16 PM

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID X10408524

Style Other

Annual Tax Amount $44,866

Tax Year 2023

Property Description

This well-maintained 25-unit multi-family, brick building is a fantastic addition to any real estate portfolio. Nestled in a beautiful and highly sought-after neighborhood, this property is not only a gem for its tenants but also offers strong returns for investors, with a cap rate of approximately 5.5%. Highlights include 25 all-inclusive units, making renting convenient and attractive for tenants. Ample on-site parking for tenants and visitors alike, a rare find in the area. New flat roof installed in 2019, minimizing future maintenance costs. Convenient coin laundry facilities within the building for added tenant convenience and landlord income. With its prime location, solid construction, and amenities, this building is a turnkey investment. Take advantage of the demand in this fantastic neighborhood and the ease of all-inclusive units. Three vacant units await your tenant selection. This is an opportunity that's both attractive and enduring. Don't miss out!

Location

Province ON

County Middlesex

Community South F

Area Middlesex

Region South F

City Region South F

Rooms

Family Room No

Basement None

Kitchen 0

Interior

Interior Features Floor Drain, Intercom, Storage Area Lockers, Sump Pump, Water Heater Owned

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Private

Garage Spaces 25.0

Pool None

Roof Type Flat

Total Parking Spaces 25

Building

Foundation Concrete

Listed by THRIVE REALTY GROUP INC.
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93 High ST