22 Palace Street London, Ontario N6B 3A6
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$799,900
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:58072)
Property Details
| MLS® Number | X9051374 |
| Property Type | Single Family |
| Community Name | East F |
| AmenitiesNearBy | Park, Place Of Worship, Schools |
| ParkingSpaceTotal | 4 |
Building
| BathroomTotal | 2 |
| BedroomsAboveGround | 4 |
| BedroomsBelowGround | 4 |
| BedroomsTotal | 8 |
| Appliances | Dryer, Refrigerator, Two Stoves, Two Washers |
| CoolingType | Wall Unit |
| ExteriorFinish | Vinyl Siding, Brick |
| FireplacePresent | Yes |
| FireplaceTotal | 2 |
| FoundationType | Poured Concrete |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 2 |
| Type | Duplex |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Park, Place Of Worship, Schools |
| Sewer | Sanitary Sewer |
| SizeDepth | 94 Ft |
| SizeFrontage | 45 Ft |
| SizeIrregular | 45.25 X 94 Ft ; 94.24 X 45.41 Ft X 94.23 Ft X 45.41 Ft |
| SizeTotalText | 45.25 X 94 Ft ; 94.24 X 45.41 Ft X 94.23 Ft X 45.41 Ft|under 1/2 Acre |
| ZoningDescription | R3-2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Bedroom | 3.35 m | 2.95 m | 3.35 m x 2.95 m |
| Lower Level | Bedroom | 4.47 m | 3.02 m | 4.47 m x 3.02 m |
| Lower Level | Living Room | 6.05 m | 6.81 m | 6.05 m x 6.81 m |
| Lower Level | Kitchen | 3.91 m | 3.3 m | 3.91 m x 3.3 m |
| Lower Level | Bedroom 5 | 3.12 m | 3.18 m | 3.12 m x 3.18 m |
| Main Level | Living Room | 6.07 m | 6.91 m | 6.07 m x 6.91 m |
| Main Level | Kitchen | 4.06 m | 3.3 m | 4.06 m x 3.3 m |
| Main Level | Bedroom | 3.15 m | 3.12 m | 3.15 m x 3.12 m |
| Main Level | Bedroom 2 | 3.84 m | 3.84 m | 3.84 m x 3.84 m |
| Main Level | Bedroom 3 | 4.45 m | 2.95 m | 4.45 m x 2.95 m |
| Main Level | Bedroom 4 | 3.38 m | 3.1 m | 3.38 m x 3.1 m |
| Main Level | Bathroom | 4.06 m | 1.52 m | 4.06 m x 1.52 m |
https://www.realtor.ca/real-estate/27206202/22-palace-street-london-east-f
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August 02 2024 07:21:49
London and St. Thomas Association of REALTORS®
Coldwell Banker Power Realty, Brokerage