764 KING ST Active

London,ON N5W 2X4

$ 499900

3 Beds

2 Baths

2400 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $208

Subdivision East L

MLS Listing ID X11898529

Style 1 1/2 Storey

Bedrooms 3

Annual Tax Amount $2,001

Tax Year 2023

Property Sub-Type Detached

Property Description

Great property to add to your investment portfolio. Fully leased until Feb 28, 2025. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is currently tenanted with rent coming in at $2800 per month plus utilities. Leased until Feb 28th and the tenants would like to stay. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. The input of our tax dollars has improved the area and curb appeal. The 6.2 % cap rate makes this a money maker for any investor. Please allow 24 hours notice on all showings for tenants.

Location

Province ON

County Middlesex

Community East L

Area Middlesex

Zoning R8-4

Rooms

Kitchen 1

Interior

Cooling Central Air

Inclusions Dryer, Refrigerator, Stove, Washer

Exterior

Exterior Feature Deck,Porch

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Exposure North

Building

Building Age 51-99

Foundation Block

New Construction false

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