1 Rathgar Street, London, Ontario N5Z 1Y3

Listed for:
$349,900
4 beds
2 baths
Listed 98 days ago
Duplex for rent: 1 Rathgar Street, London, Ontario N5Z 1Y3

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About

From Adelaide St N take Little Simcoe St going Eastbound; Take Rathgar St going Southbound; Property at end of Rathgar St on West side (corner lot at Rathgar St & Little Grey St) This legal side-by-side 1.5 story duplex near London's core features a separately metered very spacious split level two bed unit with basement and a main level one bed unit. Opportunity knocks for investors and owners looking for a mortgage helper opportunity. This property is calling the right buyer for occupy the vacant one bed Unit 1A with income support from the rented three bed Unit 1B (as and income property with rent potential of $3,000+/month for both units [$1,750 for currently rented Unit 1B - split level three bedroom unit with unfinished basement and $1,250 for currently vacant Unit 1A - main level one bedroom unit; each with their own parking space] ). This is a very large duplex, one of the larger ones in the area, above ground square footage on ground level and a lofted upper level in both units, along with unfinished basement space offering lots of development potential. Both units feature seperate entrances and one unit also has backyard access. 1 Rathgar Street is a solid dual income rental property or well suited for an individual or couple looking for income offset potential to live in one unit and use the rental inome to help pay down the mortgage. Property is being sold as is/ where is without any warranties from the Seller. Property is now being offered with vacant possession.Property includes kitchen appliances and laundry sets in each unit. This property is close to the downtown core, near to many schools, offers access to ample public transit routes, and is in close proximity to hospitals. (id:27476)

Property Highlights

MLS® Number
40786920
Type
Multi-family
Ownership Type
Freehold
Land Size
0.061 ac|under 1/2 acre
Parking Space Total
2

Building

Building Type
Duplex
Storeys
1.50
Square Footage
1505 sqft
Bathrooms Total
2
Bedrooms Total
4
Amenities
Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Exterior Finish
Vinyl siding
Fireplace Present
No
Basement Type
Full (Unfinished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
EXP REALTY
MLS® number:
40786920
Agent:
Nathan Blanco
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