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648-650 Queens Avenue London, Ontario N5W 3H1

4 Bedroom 1242
Central Air Conditioning Forced Air

$479,900

Calling all investors! You do not want to miss your chance to see this self-sufficient duplex in the heart of London. Both of the 2-bedroom units are currently rented out to AAA tenants. Each unit pays $1375/mth PLUS UTILITIES which will be increasing to $1,409 as of Feb.1st, 2023. One unit has handed in their notice and will be leaving shortly making this a great option for first-time home buyers looking to live in one unit while receiving income from the other to help with mortgage payments. Separate heat, hydro, and water for both sides (no utility expenses for the landlord) as well as 2 high efficient furnaces. Both tenants are on a month-to-month lease. Mutual driveway with 3-4 parking spots at the rear of the building. Located minutes from downtown, shopping, restaurants, and public transit. (id:41409)

Property Details

MLS® Number 40337489
Property Type Multi-family
Amenities Near By Park, Public Transit, Shopping
Community Features Community Centre
Features Park/reserve, Shared Driveway
Parking Space Total 3

Building

Bedrooms Total 4
Basement Development Unfinished
Basement Type Partial (unfinished)
Constructed Date 1883
Cooling Type Central Air Conditioning
Exterior Finish Aluminum Siding
Fire Protection Smoke Detectors
Foundation Type Brick
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 1242
Type Duplex
Utility Water Municipal Water

Land

Acreage No
Land Amenities Park, Public Transit, Shopping
Sewer Municipal Sewage System
Size Frontage 29 Ft
Size Total Text Under 1/2 Acre
Zoning Description Oc5/r3-1/r11

https://www.realtor.ca/real-estate/24979553/648-650-queens-avenue-london