163 EMERSON STREET
London South (South I), Ontario
MLS® X13243428
$574,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13243428
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- —
1 / 19Listing description
Vacant and ready for immediate possession! The tenants have officially moved out, meaning you can close and move right in without waiting. This home is the absolute perfect opportunity for house hacking.
If you choose to live in the smaller front unit and rent out the second unit, you could enjoy a net mortgage payment of just $1,180 per month with a minimal down payment of only 5. 6%- less than rent! What truly sets this property apart is the complete separation between the units (each has it's own furnace, a/c, and water heater) and extensive sound insulation on the one shared wall.
And, reduce your long-term maintenance costs with the extensive capital renovation completed in 2021. Updated with new:-exterior siding; -new decks for each unit, complete with natural gas BBQ connections and the BBQs included;-reworked plumbing and electrical, including a separate 2nd panel;-2x forced-air furnaces; -2x hot water heaters, - and every major appliance replaced (washers, dryers, fridges, stoves)Each unit is outfitted with its own full kitchen, over-the-range microwave, and in-suite washer and dryer. Don't miss out on this rare, worry-free opportunity to live affordably while building effortless equity.
Property summary
- MLS® number
- X13243428
- Property type
- Multi-family
- Building type
- Duplex
- Land size
- 39.8 x 158.4 FT
- Annual property taxes
- $3,671.00
- Parking
- 4 spaces · No Garage
- Days on market
- 83 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- Partially finished, N/A
- Appliances
- Dishwasher, Dryer, Microwave, Hood Fan, Two stoves, Window Coverings, Two Washers, Water Heater, Two Refrigerators
- Exterior features
- Vinyl siding
What would this home cost you?
Based on the $574,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RIGHT AT HOME REALTY, LONDON.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.