235 HAMILTON ROAD, London , N5Z1P9
Listing ID: X8417200
Share
$999,800
Price
11.00
Beds
6.00
Baths
Listed: 3 months ago
Quick Access
Photos
Video

Property Description

Legal Five-Unit Property Consisting Of Four Two-Bedroom Units And One Large Three-Bedroom Unit. Each Unit Has One Bath, Kitchen, And Its Own Private Laundry. Meticulously Updated. All Units Are Large In Size And Each Has Its Own Hydro Meter And Separate Entrance. Located In An Excellent Rental Area. Annual Income Projected At $95,340 Per Year. Unit #1 Rented At $1,550 + Hydro, Unit #2 Rented At $1,500 + Hydro, Unit #3 Advertised At $1,395 + Hydro, Unit #4 Advertised At $1,700 + Hydro, Unit #5 Rented At $1,900 + Hydro. Cap Rate Of 7.5%. An Amazing Investment Opportunity With Three Of Five Units Currently Tenanted. Property Management Is Processing Leads To Fill The Remaining Two Units. Expenses For Past 12 Months Approximately: $9,600 For Gas & Water, $3,312 For Property Management, $6,012 For Insurance, And Maintenance Estimated At 2% Of Gross Rent, $1,931. Total Expenses Are Estimated At $20,903 Annually. The Buyer And The Buyer's Agent Are Responsible For Verifying All Income And Expenses. (id:26452)

Other located at 235 HAMILTON ROAD. 235 HAMILTON ROAD is in the London neighborhood. London , 99 - Off Map , and Byron Area are nearby neighbourhoods.
Show More keyboard_arrow_down
Listed by: ROCK STAR REAL ESTATE INC.
close
MW
MICHEAL WILLIAM DESORMEAUX
(905) 361-9098

Here to help with your Real Estate inquiries

MW
MICHEAL WILLIAM DESORMEAUX
(905) 361-9098
chat
Message
By sharing this listing, you have agreed with roomvu's terms and conditions of usage
$3,703.37
Monthly
$878,400
Total Mortgage
$219,600
Down Payment