581 WILLIAM STREET S
London East (East B), Ontario
MLS® X14129506
$875,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X14129506
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 26Listing description
Outstanding investment! 7 Vacant Units Name your own rents! In the heart of Woodfield!
This legal seven-unit residential building is ideally situated at the corner of William Street and Central Avenue, close to Richmond Row , Victoria Park, Central Medical Complex , . All seven units are currently vacant, giving a new owner the opportunity to renovate, reposition and establish current new Rents with potential to produce $9100 Monthly or $109,000,00 Anualy. The property features seven separately metered units, plus an additional house hydro meter.
Parking is available at both the front and rear of the property, with additional street parking nearby. The units require updating and TLC, providing excellent potential to enhance the building and create strong future revenue. This is an ideal addition to an investment portfolio, or an excellent opportunity for an owner-occupier to live in the spacious front unit while generating income from the remaining six apartments.
VTB possibly available to approved individuals , Some pictures have been AI enhanced
Property summary
- MLS® number
- X14129506
- Property type
- Multi-family
- Building type
- Multi-Family
- Size
- 3,200 sq ft
- Land size
- Bldg=45.8 x 75.27 FT
- Annual property taxes
- $14,445.00
- Days on market
- 2 days
Features & details
- Heating
- Baseboard heaters
- Cooling
- None
What would this home cost you?
Based on the $875,000 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 NU-VISTA PINNACLE REALTY BROKERAGE INC, 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.