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840 Richmond Street London, Ontario N6A 3H8

4 Bedroom 3 Bathroom
None Hot Water Radiator Heat

$1,100,000

Amazing investment opportunity in this beautifully renovated Classic Triplex in North London. Ideally located only blocks from Richmond Row and UWO, this location is sure to provide uninterrupted tenancy and secure income for years to come. The (3) three bedroom main floor unit leases for $1875 per month plus hydro, the (1) one bedroom main floor unit leases for $1025 per month plus hydro. There is also a spacious (3) three bedroom upper floor unit that leases for $1875 per month plus hydro. A long list of renovations and upgrades include but are not limited to 40 years shingles (2010), 98% efficient Boiler (2010), electrical fully updated and separately metered (2016), triple pane windows (2009), 18 inches of blown attic insulation (2016), upgrades to both (3) three bedroom units (2016) with commercial grade laminate flooring covering area living spaces, ceramic tiles in bathrooms and kitchen floors, granite countertops, glass showers, in suite laundry, LED lighting, new plumbing and integrated smoke and CO2 detectors. The private driveway will accommodate parking for 4 vehicles. City of London Rental License validated February 2021. New water supply lines from city installed 2016. Asbestos Abatement Certification of Removal available. Fantastic turn key investment! (id:29438)

Property Details

MLS® Number 40081676
Property Type Multi-family
Amenities Near By Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Features Park Setting, Park/reserve
Parking Space Total 2

Building

Bathroom Total 3
Bedrooms Total 4
Basement Development Unfinished
Basement Type Partial (unfinished)
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Brick
Fire Protection Smoke Detectors
Fireplace Present No
Foundation Type Stone
Heating Type Hot Water Radiator Heat
Stories Total 2
Type Triplex
Utility Water Municipal Water

Land

Access Type Rail Access
Acreage No
Land Amenities Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 107 Ft
Size Frontage 34 Ft
Size Total Text Under 1/2 Acre
Zoning Description R2-2(7)/oc6

Utilities

Cable Available
DSL* Available
Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/22938774/840-richmond-street-london

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