London East (east K), ON N6B1H9,184 SIMCOE STREET
London East (east K), ON N6B1H9,184 SIMCOE STREET
London East (east K), ON N6B1H9,184 SIMCOE STREET
London East (east K), ON N6B1H9,184 SIMCOE STREET
London East (east K), ON N6B1H9,184 SIMCOE STREET
London East (east K), ON N6B1H9,184 SIMCOE STREET
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$ 699,900
Est. payment | /mo

6 Beds

4 Baths

2,000 SqFt


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$ 699,900
Est. payment | /mo
Save

6 Beds

4 Baths

2,000 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $349

Subdivision East K

MLS® Listing ID X12145406

Bedrooms 6

Originating Board Toronto Regional Real Estate Board

Property Description

$5,500 Income Per Month! Well Managed, Turn key in Good repair! Brick building with 5 + parking, 4 Separate meters, Coin Washer & Dryer. Unit#1($1,650/m) 1 + Den, Front door renovated: Unit#2($1,050/m): Access through rear, 1 Bed, renovated Unit#3($1,332/m): Access through rear main level door, 1 Bed, Unit#4($1,230/m): Access through rear lower level door, 1 Bed+den, Coin Laundry ($150/m): Landlord pays electric meter for common area coin laundry, Storage & utility room. Deep Lot, Additional potential ZONING ALLOWS PARKING IN REAR. Take advantage of Vendor Financing 6.5% interest. After Mortgage, insurance, utilities NET Income positive cashflow $1,362.10/m, Vendor Mortgage = $3,367/m; Collect rents+laundry = $5,500/m, Property taxes - $287/m, Utilities/Insurance - $496/m. (id:24570)

Location

State ON

Rooms

Kitchen 1.0

Extra Room 1 Main level 4.46 m X 0.324 m Kitchen

Interior

Heating Baseboard heaters

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 8

Private Pool No

Building

Sewer Sanitary sewer

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Listed by CENTURY 21 MILLENNIUM INC.
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342 2nd Avenue, Fernie, V0B, 1M0

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184 SIMCOE STREET