88 Becher Street, London, Ontario N6C 1A7 (21922588)


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88 Becher Street London, Ontario N6C 1A7

Multi-Unit Central Air Conditioning, Wall Unit Hot Water Radiator Heat

$1,295,000

Safe and Secure Investment - This 5-Plex is always fully rented in a great area & Has Very Few expenses ($75000 NOI).Seller may hold 2nd mortgage @5% (+2nd yr) VTB.The Tenants pay all the rest With fully owned equipment including: Fridges.Stoves, Washers, Dryers, Dishwashers, On Demand Water heaters and VERY efficient HydroTherm Air Handlers Heating and Air conditioning units (with Ductwork) ALL X 5 (All appliances owned in each of 5 units All utilities paid by tenants). Great Tenants (some share rooms) with 10 minute walk across the bridge and parkland and walkways 5 minutes away. Gutted over the 15 year ownership, Each unit has character and charm and an outdoor area with Private deck or patio area. 6 Car Parking + I car garage on this tree-lined south street near the river. We would like to consider the Tenants Safety Covid Pre-Cautions Please see Doc. Over $92,000 (current 2020) Rental income with Low expenses (based on 2019) -this can be your retirement savings plan! 24 hr Notice (id:29438)

Property Details

MLS® Number 262279
Property Type Multi-family
Amenities Near By Public Transit
Equipment Type None
Features Southern Exposure
Parking Space Total 7
Rental Equipment Type None
Structure Shed

Building

Appliances Washer, Dishwasher, Stove, Dryer, Refrigerator
Architectural Style Multi-unit
Basement Development Finished
Basement Features Separate Entrance
Basement Type Full (finished)
Constructed Date 1910
Cooling Type Central Air Conditioning, Wall Unit
Exterior Finish Brick, Wood
Fire Protection Smoke Detectors
Fireplace Present No
Foundation Type Block, Stone
Heating Fuel Natural Gas
Heating Type Hot Water Radiator Heat
Stories Total 3
Type Multi-family
Utility Water Municipal Water

Parking

Detached garage 1

Land

Acreage No
Land Amenities Public Transit
Sewer Municipal Sewage System
Size Depth 132 Ft
Size Frontage 54 Ft
Size Irregular Irregular
Size Total Text Irregular|under 1/2 Acre
Zoning Description R3-2