351 Princess Avenue, London East (East F), Ontario

About 351 Princess Avenue

Investment Opportunity in the heart of desirable Woodfield! Welcome to 315 Princess Ave, this 10-unit income property offers an excellent opportunity for investors looking to add a solid, established asset to their portfolio. The property features ten 1-bedroom rental units and a 10-car garage, providing both reliable rental income and valuable parking. Generating approximately $157,431 in total revenue and offering a 6.2% cap rate, this property combines strong current performance with long-term investment potential in one of London's most sought-after central neighbourhoods. Several important upgrades have already been completed, including a new hot water boiler in 2019, two owned hot water tanks installed approximately in 2022, 60-amp breaker panels in all units, and a flat roof approximately 6 years old. Coin operated Washer & Dryer on site. With 9 units currently occupied, recent capital improvements, ample garage parking, and a prime Woodfield location close to the amenities, restaurants, shops, and conveniences of central London, 315 Princess Ave is an excellent opportunity to acquire a turnkey multi-residential investment with proven income. (id:6289)

More Info on this East F Other MLS® listing

351 Princess Avenue is an other listing for sale in London East (East F). The MLS® number is X14140328. It features 10 bedrooms, 10 bathrooms. It's currently listed for $1,800,000. For more details on MLS® X14140328, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This other listing in East F is available now!

Selling your East F Other property?

Have a similar home to 351 Princess Avenue? If you’re thinking about selling your East F other property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your London East (East F) property.

Listing Map