Well maintained 6 unit investment property located in SOHO at the corner of Wellington Street and Hill Street. Consisting of 1- 1 bedroom, 4- 2 bedroom and 1- 3 bedroom units along with an addtional 33' x 41' parcel of land. On-site coin laundry. Parking for 9 vehicles. Located across the street from new mixed-use housing development on South Street. Current NOI: $77,222.94. Potential for significant upside, current rents below market. The 3 bedroom unit will be vacant upon possession (market rent $1,800 per month). Zoning R3-1. Close proximity to Wellington Road and transit and within walking distance to downtown London. (id:52316)
A TEAM LONDON
$1,199,900
340 HILL STREET, London, Ontario
12 Bedrooms
6 Bathrooms
Property
MLS® Number: X12075582
Address: 340 HILL STREET
City: London
Exterior: Brick
Utilities
Heating: Forced Air, Natural Gas
Parking
Parking Spaces: 9
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Property Sale History
Travel and Neighbourhood
46/100Walk Score®
Car-Dependent
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Location
