764 KING ST Active

London,ON N5W 2X4

$ 499900

3 Beds

2 Baths

2400 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $208

Subdivision East L

MLS Listing ID X11898529

Style 1 1/2 Storey

Bedrooms 3

Building Age 51-99

Annual Tax Amount $2,001

Tax Year 2023

Property Sub-Type Detached

Property Description

Great property to add to your investment portfolio. Fully leased until Feb 28, 2025. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is currently tenanted with rent coming in at $2800 per month plus utilities. Leased until Feb 28th and the tenants would like to stay. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. The input of our tax dollars has improved the area and curb appeal. The 6.2 % cap rate makes this a money maker for any investor. Please allow 24 hours notice on all showings for tenants.

Location

State ON

County Middlesex

Community East L

Area Middlesex

Zoning R8-4

Rooms

Basement Partially Finished,Full

Kitchen 1

Interior

Interior Features Water Heater

Cooling Central Air

Inclusions Dryer, Refrigerator, Stove, Washer

Exterior

Exterior Feature Deck,Porch

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 33.0

Lot Depth 164.0

Exposure North

Total Parking Spaces 3

Building

Foundation Block

New Construction false

Others

Senior Community No

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