697 Hale Street, London
$1,399,900 - 6 Beds, 8 Baths, 5,871 Sf
MLS® # 40446016
STREETCITY REALTY INC., BROKERAGE
1559 Allen Place, London
$1,250,000
16 Beds
6 Baths
4,150 Sqft
0 Acres
0 Garages
Presenting a remarkable chance for savvy investors: this purpose-built 6-plex offers not only immediate returns but also substantial potential for growth. Comprising of 5 spacious three-bedroom units, and 1 One-Bedroom Unit; each thoughtfully designed for comfortable living, this property stands as a solid addition to your investment portfolio.
What truly distinguishes this opportunity is the untapped potential it holds. At the close of this month, two of the six units will become vacant, opening doors for strategic renovations or rent adjustments, further elevating your rental income.
Strategically located in a prime area of London, this 6-plex enjoys proximity to a wealth of amenities, educational institutions, and recreational parks, making it incredibly appealing to tenants seeking convenience and quality living.
Seize this chance to unlock the full potential of this promising real estate investment.
Essential Information
MLS® #40484330
Price$1,250,000
Bedrooms16
Bathrooms6.00
Square Footage4,150
Year Built1960
TypeResidential Income
Sub-TypeMulti-6-9 Unit
StatusActive
Community Information
Address1559 Allen Place
AreaEast
SubdivisionEast H
CityLondon
CountyMiddlesex
ProvinceON
Postal CodeN5W 2V9
Amenities
Parking Spaces10
Interior
Interior FeaturesSeparate Heating Controls
AppliancesRefrigerator, Stove
HeatingNatural Gas
CoolingNone
Has BasementYes
BasementOther, Full, Finished
# of Stories2
Exterior
RoofFlat
ConstructionBrick
FoundationConcrete Block
Lot Description
Cul-De-Sac, Library, Park, Place of Worship, Playground Nearby, Public Transit, Rec./Community Centre, School Bus Route, Schools, Shopping Nearby
Additional Information
Days on Market12
Listing Details
OfficePRIME REAL ESTATE BROKERAGE
LISTING MAP
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