1559 Allen Place, London, ON, N5W 2V9
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.
- Property Address: 1559 Allen Place, London, ON, N5W 2V9
- Property Type: Residential Income
- Zoning Description: R8-1
- Sewage Type: Sewer (Municipal)
- Water Type: Municipal
- Driveway: Outside/Surface/Open, Visitor Parking, Outside/Surface/Open, Visitor Parking
- Total Parking Spaces: 10
- Waterfront Type: false
- Maintenance Fee: 0.00
- Storeys: 2
- Building Age: 1960
- Bedrooms: 16
- Bathrooms: 6-Total
- Basement Type: Other, Full, Finished
- Cooling: None
- Exterior Type: Brick
- Appliances Included: Refrigerator, Stove
- Structures: Multi-6-9 Unit
- Separate Heating Controls
- Place of Worship
- Playground Nearby
- Public Transit
- Rec./Community Centre
- School Bus Route
- Shopping Nearby
- Smoke Detector
Listing Offices: PRIME REAL ESTATE BROKERAGE
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