228 Burnside Drive, London East (East I), Ontario

About 228 Burnside Drive

A great "Turn Key" investment opportunity located on a desirable quiet residential street. This income property has an annual gross income of $61,402.38. The building structure is 3 levels with 3 rental units with a 4th rental unit in the double garage which has been converted to a one bedroom apartment. Numerous updates throughout. Updated metal roof, windows, copper plumbing, coin-op washer & dryer. Separate storage rooms and large garden shed. Separate hydro meters, 4 fridges & 4 stoves, 1 dishwasher, lots of parking. Upper 3 bedroom unit rents for $2000 + hydro, main floor 3 bedroom unit rents for $1,362.66 + hydro, lower 2 bedroom unit rents for $927.64. + hydro, 1 bedroom garage unit rents for $845.69. including hydro. Numerous upgrades: newer pavement on driveway, first floor renovated bathroom and dishwasher installed. Second floor newer flooring, paint and updated bathroom. Newer eave though and shed. Newer air conditioning and furnace ( 2023). This property is in excellent condition inside and out and fully rented with good tenants. A "Must See" worthwhile investment. (id:6289)

More Info on this East I Multi-Family MLS® listing

228 Burnside Drive is a multi-family listing for sale in London East (East I). The MLS® number is X12823036. It features 9 bedrooms and covers 3,944 square feet. It's currently listed for $1,199,900. For more details on MLS® X12823036, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This multi-family listing in East I is available now!

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