Address
20 ADELAIDE Street S London, ON
Price
$ 479,900
Property Attributes
  • ID#40179778
  • TypeMulti-Family
  • CityLondon
  • AreaLondon and St Thomas
  • NeighbourhoodGlen Cairn
  • Postal CodeN5Z 3J8
  • Style
  • Price$ 479,900
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1920
Listing Provided Courtesy Of:
Osman Omar with Re/Max Hallmark A Team
Data Source:
RLP - CREA EN
Property Description

Excellent opportunity in central London! 20 Adelaide Street is a 5 plex that offers the chance to jump start your real estate investment- tons of potential for the savvy investor. Priced to reflect the possibilities for improvements and the huge upside in future rents. Close to Thompson Road Park, GA Wheable learning centre and public transit. Gross annual income of $42,353.52! Expenses of $13,027.15 meaning an annual net income of $29,326.37. Cap rate of 6%. This address is part of a 4-property portfolio that can be purchased individually, or together. See MLS 40179875, 40179838, 40179802, 40179778.

Exterior Features

Lot Frontage 29.99
Jumpid 16423089
Mls 40179778

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in N5Z 3J8

Price
AVG $480K
$480K
Visits
AVG 13
12
Walkscore
AVG 48
48
Data Provided by Walkscore ® not using MLS data