22 PALACE STREET (X9051374)

22 PALACE STREET, London, Ontario, N6B3A6
Bathrooms2 Bedrooms8
Property TypeSingle Family

Fully renovated licensed legal duplex located in desirable Woodfield steps to restaurants, parks, trails and walking distance to downtown London. multiple options available with both units currently vacant. This purpose-built duplex is a Landlords dream & is perfect for investors looking for a turnkey property with strong cash flow with a projected cap rate of over 8%. Separate heat, separate hydro and separate water meters! Each unit has their own laundry. Both units have 4 good sized bedrooms and a 4 piece bathroom, a large family room with gas fireplace and separate dining space as well as an eat in kitchen. 4\\6 parking spaces located on site. Both units are FULLY VACANT allowing the new Buyer to set their own rents Current market rents for EACH unit is $3200 plus utilities is easily attainable with its proximity to downtown and UWO & Fanshawe College. (id:15271)


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Details
Amenities NearbyPark, Place of Worship, Schools Parking Spaces4
TransactionFor sale Zoning DescriptionR3-2
Building
Bedrooms Main level4 Bedrooms Lower level4
AppliancesDryer, Refrigerator, Two stoves, Two Washers CoolingWall unit
Exterior FinishVinyl siding, Brick Fireplace PresentYes
Fireplace Total2 FoundationPoured Concrete
Bathrooms (Total)2 Heating FuelElectric
HeatingBaseboard heaters Storeys Total2
TypeDuplex Utility WaterMunicipal water
Land
Size Frontage45 ft AmenitiesPark, Place of Worship, Schools
SewerSanitary sewer Size Depth94 ft
Size Irregular45.25 x 94 FT ; 94.24 x 45.41 ft x 94.23 ft x 45.41 ft
Level Type Dimensions
Lower levelBedroom3.35 m x 2.95 m
Lower levelBedroom4.47 m x 3.02 m
Lower levelLiving room6.05 m x 6.81 m
Lower levelKitchen3.91 m x 3.3 m
Lower levelBedroom 53.12 m x 3.18 m
Main levelLiving room6.07 m x 6.91 m
Main levelKitchen4.06 m x 3.3 m
Main levelBedroom3.15 m x 3.12 m
Main levelBedroom 23.84 m x 3.84 m
Main levelBedroom 34.45 m x 2.95 m
Main levelBedroom 43.38 m x 3.1 m
Main levelBathroom4.06 m x 1.52 m

Listing Office: COLDWELL BANKER POWER REALTY

Data Provided by London and St. Thomas Association of REALTORS®

Last Modified :02/08/2024 03:21:49 PM

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