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Paul Merritt
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$639,900

249 University Crescent

MLS® Number: 275072

List Price: $639,900

Beds: 8

Baths: 3

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Summary

  • Baths3
  • Beds8
  • Year Built1958
  • Storeys2
  • Listing TypeMulti-Unit
  • Property StyleMulti-unit
  • Lot Size/

Location

  • Address249 University Crescent
  • CityLondon
  • Postal CodeN6A2L7

Heating & Cooling

  • HeatingBaseboard Heaters,forced Air (,natural Gas)
  • Fireplace/

Listing courtesy of  RE/MAX CENTRE CITY REALTY INC., BROKERAGE, INDEPENDENTLY OWNED AND OPERATED

Description

Amazing investment property. 8 bedrooms and 2 1/2 bathrooms. Steps from Richmond, UWO gates & Kings College! On main bus route to Masonville Mall or south to beautiful Downtown London. This is a legal and city licensed duplex in a prime area. Features include: Wonderful investment, large backyard, large driveways, parking for all tenants. Other upgrades include: Lower Level - kitchen/bathrooms flooring (2007), Roof, windows, eaves (2007). Upper Level - living room flooring (2013) and hallways (2008. Gross rent - $58,200 incl utilities ($4850/month). Expenses $14,198 Net $44,000 Cap Rate 6.5. Appliances included: Upper Lvl: 2 fridges, stove, dishwasher, stacked washer/dryer - Lower Lvl: Fridge, stove, dishwasher, microwave, washer, dryer. (id:30499)


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Paul Merritt

Sales Representative

RE/MAX Centre City Realty Brokerage, Inc.