387 E Horton St, London, Ontario N6B 1L6

  • $749,900
387 E Horton St, London, Ontario N6B 1L6
Active
387 E Horton St, London, Ontario N6B 1L6
  • $749,900

Overview

Property ID: X9253691
  • Residential, Multi Family
  • Property Type
  • 7
  • Bedrooms
  • 5
  • Bathrooms

Description

Exciting Investment Opportunity! Highly desirable rental property conveniently located near downtown. This three-unit building is situated on a spacious lot, within walking distance to downtown and near major transit routes. Units 1 and 2 offer two bedrooms and one bathroom each on the ground level. Unit 3, located on the upper level, is divided into three separate units (A, B, and C). Unit A features 2 bedrooms and 1 bathroom, Unit B has 1 bedroom and 1 bathroom, and Unit C is a bachelor unit with a bathroom. Experience the beauty of scenic trails along the Thames River, attend major ball games in London, and enjoy various festivals and entertainment events downtown. This property generates a net income of $58,000 annually, with a Pro Forma worksheet available for review upon request. With a remarkable cap rate of 7.1%, this investment opportunity is not to be missed. Act swiftly to seize this lucrative opportunity! Contact the listing agent for showings!

  • Address 387 E Horton St
  • City London
  • State/county Ontario
  • Zip/Postal Code N6B 1L6
  • Area East K

Details

Updated on August 14, 2024 at 3:45 pm
  • Property ID: X9253691
  • Price: $749,900
  • Bedrooms: 7
  • Rooms: 11
  • Bathrooms: 5
  • Garage Size: x x
  • Property Type: Residential, Multi Family
  • Property Status: Active
  • MLS#: X9253691

Mortgage Calculator

Monthly
  • Principal & Interest
  • Property Tax
  • Home Insurance
  • PMI
$
$
%
$
$
$

Contact Information

View Listings
elitenikhanda
  • elitenikhanda

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare
elitenikhanda
  • elitenikhanda