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1 Rathgar Street London, Ontario N5Z 1Y3

5 Bedroom 2 Bathroom 1505 sqft
Central Air Conditioning Forced Air

$349,000

This legal side-by-side 1.5 story duplex near London's core features a separately metered three bed unit and a spacious two bed unit. Oppurtunity knocks, it’s calling the right buyer with high rent potential ($3500/month for both units). Owners will be cosmetically improving both units starting August 1st with all new paint & floors. This is a very large duplex, one of the larger ones in the area, above ground square footage on ground level and a lofted upper level in both units. Both units feature seperate entrances and one unit also has backyard access. Solid dual income rental property or for someone looking for income offset potential to live in one unit and use the rent from the other unit to pay down the mortgage. Could be offered vacant possession or fully tenanted with newly placed tenants. This property is close to the downtown core, near to many elementary, secondary and specialized schools, offers access to ample public transist routes, and is in close proximity to hospitals. (id:37788)

Property Details

MLS® Number 40753864
Property Type Multi-family
Amenities Near By Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Community Features Industrial Park, Community Centre, School Bus
Equipment Type Water Heater
Parking Space Total 2
Rental Equipment Type Water Heater

Building

Bathroom Total 2
Bedrooms Total 5
Basement Development Unfinished
Basement Type Partial (unfinished)
Constructed Date 1909
Cooling Type Central Air Conditioning
Exterior Finish Vinyl Siding
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1505 Sqft
Type Duplex
Utility Water Municipal Water

Land

Access Type Road Access, Highway Access
Acreage No
Fence Type Fence
Land Amenities Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 91 Ft
Size Frontage 29 Ft
Size Irregular 0.061
Size Total 0.061 Ac|under 1/2 Acre
Size Total Text 0.061 Ac|under 1/2 Acre
Zoning Description R2-2

https://www.realtor.ca/real-estate/28641254/1-rathgar-street-london


EXP REALTY
7-871 Victoria Street North Unit: 355
Kitchener, Ontario N2B 3S4

(866) 530-7737
(647) 849-3180
https://exprealty.ca/

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