Active
625-627 Third S St, London, Ontario N5V 2C1
Overview
Property ID: X8481578
- Commercial Sale, Business
- 16
- 24600
Description
8 unit 56 Bed student rental steps to Fanshawe College. Built in 1996. $69,642/Bed. Buildings in excellent condition. Gross Income $415,584. Aprox. 8.0% cap rate. Hydro paid by owner. Clean environmental 2014. With the infux of students coming to Ontario the properties rent roll will continue to grow. Current owners sign 1 year lease with each student. Coin operated Laundry in each suite.
Address
Open on Google Maps- Address 625-627 Third S St
- City London
- State/county Ontario
- Zip/Postal Code N5V 2C1
Details
Updated on June 26, 2024 at 3:46 pm- Property ID: X8481578
- Price: $3,750,000
- Property Size: 24600 Sqft
- Bathrooms: 16
- Garage Size: x x
- Property Type: Commercial Sale, Business
- Property Status: Active
- MLS#: X8481578
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