228 Burnside Drive, London East, Ontario N5V 1B9

Listed for:
$1,199,900
9 beds
0 baths
Listed 4 days ago
Multi-Family for rent: 228 Burnside Drive, London East, Ontario N5V 1B9

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About

Clarke & Trafalgar st A great "Turn Key" investment opportunity located on a desirable quiet residential street. This income property has an annual gross income of $61,402.38. The building structure is 3 levels with 3 rental units with a 4th rental unit in the double garage which has been converted to a one bedroom apartment. Numerous updates throughout. Updated metal roof, windows, copper plumbing, coin-op washer & dryer. Separate storage rooms and large garden shed. Separate hydro meters, 4 fridges & 4 stoves, 1 dishwasher, lots of parking. Upper 3 bedroom unit rents for $2000 + hydro, main floor 3 bedroom unit rents for $1,362.66 + hydro, lower 2 bedroom unit rents for $927.64. + hydro, 1 bedroom garage unit rents for $845.69. including hydro. Numerous upgrades: newer pavement on driveway, first floor renovated bathroom and dishwasher installed. Second floor newer flooring, paint and updated bathroom. Newer eave though and shed. Newer air conditioning and furnace ( 2023). This property is in excellent condition inside and out and fully rented with good tenants. A "Must See" worthwhile investment. (id:27476)

Property Highlights

MLS® Number
X12823036
Type
Multi-family
Community Name
East I
Land Size
60 x 155 FT
Parking Space Total
6

Building

Building Type
Multi-Family
Square Footage
3944 sqft
Bedrooms Total
9
Amenities
Highway, Public Transit
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
SUTTON - JIE DAN REALTY BROKERAGE
MLS® number:
X12823036
Agent:
Faisal Anwar
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