184 Simcoe Street, London, Ontario N6B 1H9

Listed for:
$777,000
6 beds
4 baths
Listed 15 days ago
Fourplex for rent: 184 Simcoe Street, London, Ontario N6B 1H9

View all 40 photos

Learn more about this property
Listing provided by:
CENTURY 21 MILLENNIUM INC.
MLS® number:
X11992024
Agent:
Ryan Anderson
*Indicates required field
Name is required
Email is required

About

Simcoe Street/Richmond Street Well Managed, Turn key in Good repair! Brick building with 5 + parking, 4 Separate meters, Coin Washer & Dryer. Unit#1($1,750/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**EXTRAS** Any chattels remaining on the property not belonging to Tenants. LIVE IN VACANT FRONT UNIT Vendor Mortgage = $3,367/m; Collect 3 rents+laundry = $3,762/m, Property taxes - $287/m, Utilities/Insurance - $496/m live here your Total monthly payment = $338/m with minimum Down Payment! (id:27476)

Property Highlights

MLS® Number
X11992024
Type
Multi-family
Community Name
East K
Land Size
38.6 x 197.7 FT ; DEEP LOT
Parking Space Total
8

Building

Building Type
Fourplex
Square Footage
2999.975 - 3499.9705 sqft
Bathrooms Total
4
Bedrooms Above Ground
5
Bedrooms Total
6
Exterior Finish
Brick
Fireplace Present
No
Basement Type
N/A (Finished)
Basement Features
Separate entrance
Building Heating Type
Baseboard heaters
Heating Fuel
Electric
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

Location

Community Spotlight: Homes For sale in Your Neighborhood