629 Wallace St, LONDON

$819,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

ASSUMABLE LOAN AND VTB AVAILABLE!!!! Did someone say CAP RATE? Check out this cash machine and park your money in a great investment property. Turn-key, newly renovated 6-plex on a quiet dead end street at Oxford and Adelaide. 6.45% Cap Rate. Gross Annual Income $79,020. Annual Expenses $25,311 (including property management, maintenance, and vacancy). Enough parking in the front of the building for 6-7 vehicles. 5 of 6 units have been thoroughly renovated. Rental license and fire inspection up to date. Recent appraisal from CIBC also available upon request. Showing will be as follows: Saturday 1-3pm; Tuesday 6-8pm; Thursday 10am-12pm. FULLY RENTED 6-PLEX, 600K ASSUMABLE LOAN FROM CIBC, 100K TO 150K VTB AVAILABLE AT 6.5%!!!!

Essential Information
MLS® #192607
Price$819,000
Bathrooms0.00
Acres0.00
TypeMulti Family
Sub-TypeResidential
Style2 Storey
StatusActive
Community Information
Address629 Wallace St
AreaE
CityLONDON
CountyLondon
ProvinceON
Postal CodeN5Y 3R8
Amenities
FeaturesCarbon Monoxide Detector
Parking Spaces6
PoolNone
Interior
HeatingForced Air-Gas
BasementFully Finished
# of Stories2
Exterior
ExteriorAluminum Siding
Lot DescriptionUnder .5 Acre
RoofAsphalt, Shingles
FoundationUnknown
Listing Details
OfficePEAK PROFESSIONALS REALTY INC.
Property History
Price Reduced from $829,990 to $819,000
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