London East - East K
Sold For$730,000
Listed For $799,000
Sold Mar 2024
FULLY UPDATED LEGAL NON-CONFORMING USE TURNKEY FOURPLEX - IDEAL FOR LOW STRESS INCOME PROPERTY FOR INVESTORS This hidden gem nestled away on a quiet side street in the gentrified hub of SOHO (South of Hamilton Road) boasts solid income on all four rented units. This property has a working 6%+ Cap Rate at the Asking Price; with a NOI (net operating income)of over $52,500. This property has very high quality tenants that have been an added blessing to this cash flowing asset. All units are currently tenanted. All of the units were renovated with new furnace, hot water heaters, roof, windows, flooring, kitchens, washroom upgrades, new trim and millwork, stucco, interior and exterior paint and other recent upgrades since ownership. In behind this property is a spacious inclose back yard and pa
We couldn't find other active listings in this specific criteria right now.
Compare with similar recently sold properties nearby
* Values are estimates only and not a guarantee of lending or affordability.
