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$ 449,900
Est. payment /mo
Active
764 King ST London East, ON N5W 2X4
3 Beds
2 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision East L
MLS Listing ID X10412015
Style 2-Storey
Bedrooms 3
Annual Tax Amount $2,001
Tax Year 2023
Property Sub-Type Detached
Property Description
Great property to add to your investment portfolio. Tenants just moved out and a good time to buy with vacant occupancy before we rent it out again or buy it to live in. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house was tenanted with rent coming in at $2800 per month plus utilities. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. The input of our tax dollars has improved the area and curb appeal. The potential 6.2 % cap rate makes this a money maker for any investor. Separate entrance makes this one that could be duplexed.
Location
Province ON
County Middlesex
Community East L
Area Middlesex
Rooms
Family Room Yes
Basement Full, Partially Finished
Kitchen 1
Interior
Interior Features Storage, Water Heater, Water Purifier
Cooling Central Air
Fireplaces Type Wood
Fireplace Yes
Heat Source Gas
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 33.0
Lot Depth 164.0
Total Parking Spaces 3
Building
Foundation Block
Others
ParcelsYN No
Listed by INITIA REAL ESTATE (ONTARIO) LTD