Property Specs:
Price$519,900.00
CityLondon, ON
Bed / Bath4 / 4 Full, 1 Half
Address239 HAMILTON ROAD
Listing IDX8409690
ConstructionBrick, Stucco
Land Size49.56 x 81.08 FT
TypeResidential Commercial Mix
StatusFor sale
Extended Features:
Amenities Nearby Place of Worship, Public Transit, SchoolsEquipment Water HeaterFeatures Flat site, Irregular lot sizeRental Equipment Water HeaterStructure Patio(s)Appliances Refrigerator, Two stoves, Water Heater, Window Air ConditionerBasement N/ABasement Development UnfinishedCooling Window air conditionerFire Protection Smoke DetectorsFoundation BlockHeating Forced airHeating Fuel Natural gasUtility Water Municipal water
Details:
Location, Location, Location! This established Mixed-Use Building offers a multitude of possibilities for the astute investor. Located in a high traffic area for businesses, this property is ready for your vision to become reality! The Residential Units will be vacant upon possession providing the opportunity to set Market Rents. The Main Floor features the large Commercial Space, currently hosting a crafting business (also for sale, MLS# X8410964), yet with some renovations , the back of the current Commercial Space could be converted back into a Residential Unit as well. The Second Floor holds two Residential Units - one 2 bedroom, and one 1 bedroom; both Second Floor Units will be vacant, meaning Market Rent can be established! There is also a separate building at the back of the property that has been used as a 1 bedroom Residential unit. This property presents an excellent opportunity for both new and experienced investors, with zoning that allows for a multitude of possibilities for this space. Projected Income: $5900-7300/month - wow! Don't miss this opportunity - book a showing today! (id:4555)
