Property Specs:
Price$1,400,000.00
CityLondon, ON
Bed / Bath10 / 6 Full
Address500 502 COLBORNE STREET
Listing IDX8382104
ConstructionBrick, Concrete
Land SizeUnit=45 x 105 FT
StatusFor sale
Extended Features:
Amenities Nearby Hospital, Public Transit, RecreationStructure DeckAppliances Dishwasher, Dryer, Refrigerator, Stove, WasherBasement FullFoundation BlockHeating Forced airHeating Fuel Natural gasUtility Water Municipal water
Details:
Introducing a lucrative investment opportunity in the heart of the city! 500/502 Colborne is a 5 unit multi-family property\r\nand a dream come true for savvy investors seeking to maximize their returns. With a prime location, this property is nestled\r\nin a sought-after Woodfield neighbourhood, offering a turnkey investment with prime rents, in a thriving rental market.\r\nFeaturing a well-maintained and updated exterior this property has great curb appeal that allows parking for up to 6 cars.\r\nThe property comprises 5 spacious, well designed units with open-concept layouts. Tenants can enjoy easy access to a wide\r\nrange of amenities, including shopping, dining, and entertainment options. On site laundry, eliminating the need for off-site laundry trips. 500 Colborne : Unit 1 $1659.98+ hydro Unit 2 $1396+ hydro(rental\r\nincrease to $1430 Aug. 1st) Unit 3 $1515+ hydro. 502 Colborne : Unit 1 $2000+ hydro and gas (rental increase to $2050\r\nJune 1st) Unit 2 $1634+ hydro and gas (id:4555)
