London East - East B
Sold For$838,500
Listed For $849,900
Sold Apr 2025
Attention Investors! Rare 6 bedroom investment property located in A+ location directly across from Kings College/UWO. This property is currently leased out for $6,734/month plus utilities and is perfect for investors looking for a turnkey property with strong cash flow. The current lease is from May 1, 2025 April 30, 2026 and generates $80,811/year in rental revenue, representing an impressive 8.7% CAP RATE at the current list price. This property has always been rented with ease based on the location and bedroom sizes and has never seen a vacancy since the owner has taken possession. The house includes 2 large bedrooms on the main level, 3 spacious bedrooms upstairs and 1 bedroom in the lower level. Each floor conveniently has a full bathroom and there is a large laundry room in the base
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