London East - East K
London East - East K
Sold For$450,000
Listed For $475,000
Sold 6 months ago
Price Improvement! 175 Colborne Street, London, Duplex! Asking $499,000. Purpose-built duplex located just south of London's downtown core in the up-and-coming SOHO area of sale. This duplex consists of 2 two-bedroom, one bathroom apartments that comes with parking and in-unit laundry. Both units are currently leased and bring in $36,816 annually. The tenants are responsible for the hydro. The gas, water, and water heater rentals are paid by the Landlord. the Upper 2 Bedroom $1428 + Hydro and the Lower 2 Bedroom $1640 + Hydro. The 2024 Gross Income is $36,816 with a total 2024 NOI = $30,785.21.
* Values are estimates only and not a guarantee of lending or affordability.
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