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344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London

344.5 RICHMOND STREET, London, Ontario

$925,000

  • 3,560 Square Feet

Welcome to 344.5 Richmond Street, an exceptional mixed-use investment opportunity offering a compelling 6.1% cap rate at the asking price. This property features two newly renovated one-bedroom residential units, currently vacant, allowing the buyer to select tenants at market rates. A recently vacated commercial unit, ideal for an owner-operator or potential partial conversion into an additional residential unit. The property has undergone significant upgrades, including a brand-new roof (2024), as well as plumbing and electrical enhancements. Each unit is equipped with separate hydro meters and baseboard electric heating, leaving the landlord responsible only for water expenses. Located in a prime downtown area, this property offers exceptional returns and endless potential. Don't miss out on this outstanding investment opportunity! (id:23309)

  • Listing ID: X11884948
  • Property Type: Multi-family
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Details

  • Transaction: For sale
  • Zoning Description: DA1

Building

  • Appliances: Refrigerator, Stove
  • Fireplace Present: False
  • Heating: Baseboard heaters
  • Size Interior: 3560 sqft
  • Type: Multi-Family
  • Utility Water: Municipal water

Land

  • Size Frontage: 20 ft
  • Size Irregular: 20 x 97 FT
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REALTOR®

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 344.5 RICHMOND STREET in London Ontario. It was last modified on December 6th, 2024. Contact Mal Kearns to schedule a viewing or to discover other London real estate for sale.

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