553 QUEBEC STREET, London East (East G)

$465,000

For sale: Multiplex

Property type

Multi-family

Bedrooms / bathrooms

4 bedrooms, 2 bathrooms

Living area

1,500 sqft

MLS®

MLS® X13171828

Neighbourhood

East G

Amazing Investment Opportunity Located in the heart of London! This turn-key, low-maintenance legal duplex in Old East Village will be an amazing addition to your portfolio. Close to downtown, Western Fair Farmer's Market and all amenities, including bus routes to both Fanshawe College and UWO. Perfect for anyone looking for a spacious, cash-flowing investment or a mortgage helper to ease their payments. This building features 2 spacious units and has an extensive list of recent updates: Three Hydro meters and updated Electrical Panels (2022), Roof (2014), Siding/eavestrough/soffits/fascia (2021), Updated plumbing (2021), Furnace (2019), Fence (2020-2021). In addition, there is a coin-operated shared laundry and plenty of parking. Separate entrances for both units and the full unfinished basement for storage/workshop. Both units are rented to high-quality A+ tenants for a $1650 & $1550 per month which comes to total income of $3200 monthly.