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20 Adelaide Street S, London, ON N5Z 3J8

$649,000
: 6
BD
: 5
BA
: 1,500
SqFt

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List Price: $649,000
MLS#: X14090326
Status: ACTIVE
Type: Multifamily
SubType: Multiplex
Style: 2-Storey
Bedrooms: 6
Bathrooms: 5
Living Area: 1500-2000
Province: ON
Municipality: London
Area: Middlesex
Neighborhood: South
Subdivision: Hamilton St And Adelaide St N

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Property Description

Exceptional 5-Unit Investment Opportunity! Discover the potential of this income-producing property, ideal for investors seeking reliable rental income with room to maximize returns. Featuring five separate hydro meters and ample on-site parking through back road access. Property offers practical amenities for tenants and convenient management for owners. Its desirable location near Victoria Hospital, schools, shopping, public transit, and major roadways makes it an attractive option for a wide range of renters. Whether you're expanding your investment portfolio or looking for a value-add opportunity, this multi-unit property offers an appealing combination of existing income, rental potential, and long-term appreciation prospects. Take advantage of this opportunity to invest in London's rental market!

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Additional Information

Taxes: $3,923
Heat Type: Forced Air
Heat Source: Gas
Air Conditioning: None
Kitchens: 5
Exterior: Vinyl Siding
Garage Type: None
Pool: None
Parking Spaces: 6