Masters Group
Joe Mavretic

JOE MAVRETIC

Sales Representative

Cell: 519-630-6786
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ROSALYND AYRES

Sales Representative

Cell: 519-281-4903

Property Details

144 WILLIAM Street, London, Ontario, N6B3B5

144 WILLIAM Street, London, Ontario, N6B3B5 (ID 40436770)
Representative
Joe Mavretic portrait
Joe Mavretic
Sales Representative
RE/MAX Centre City Realty Inc., Brokerage - St. Thomas*
Cell: 519-630-6786
Tel: 519-633-1000
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$875,000 - For sale

ID#:40436770

FULLY UPDATED LEGAL NON-CONFORMING USE TURNKEY FOURPLEX - IDEAL FOR LOW STRESS INCOME PROPERTY FOR INVESTORS This hidden gem nestled away on a quiet side street in the gentrified hub of SOHO (South of Hamilton Road) boasts solid income on all four rented units. With this projected rent of the vacant unit factored in this property would have approximately a 5.8%+ Cap Rate at the Asking Price. This property has very high quality tenants that have been an added blessing to this cash flowing asset. All of the units were renovated with new furnace, hot water heaters, roof, windows, flooring, kitchens, washroom upgrades, new trim and millwork, stucco, interior and exterior paint and other recent upgrades since ownership. In behind this property is a spacious inclose back yard and parking. In this best way this property feels private and disconnected and would make a great option for the new owner to live in the vacant two bedroom unit. This property has operated as a legal non-conforming use fourplex going back past the early 90s (potentially and likely longer). (id:2471)

Location DescriptionTake Hamilton Road Going East or West to William Street; Take William Street South; Property on East side of William Street

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Property Details
  • Property Address:144 WILLIAM Street, London, Ontario, N6B3B5
  • Property Type:Multi-family
  • Title:Freehold
  • Lot Size:0.127 ac|under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Access:Road access
  • Parking Space Total:4
Structure Details for 144 WILLIAM Street, London, Ontario, N6B3B5
  • Structure Style:Fourplex
  • Bedrooms:6
  • Bathrooms:4
  • Floor Space:1286
  • Heating Type:Natural gas, Forced air
  • Style:Detached
  • Storeys:1
  • Basement Type:Full (Finished)
  • Foundation Type:Brick
  • Cooling Type:Central air conditioning
  • Exterior Type:Brick, Stucco
Amenities for 144 WILLIAM Street, London, Ontario, N6B3B5 Crushed stone driveway, School Bus
  • Amenities Nearby:Park, Place of Worship, Public Transit, Schools, Shopping
Representative
Joe Mavretic portrait
Joe Mavretic
Sales Representative
RE/MAX Centre City Realty Inc., Brokerage - St. Thomas*
Cell: 519-630-6786
Tel: 519-633-1000
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144 WILLIAM Street, London, Ontario, N6B3B5

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