London East - East G
London East - East G
Sold For$450,000
Listed For $469,900
Sold Sep 2022
Newer, Purpose Built, Licenced, Legal Duplex in an old Historic Neighborhood in East London. Built in 1977 this turn key rental property is fully leased and a great investment. The main unit offers a bright living room, eat-in kitchen with plenty of cupboards and counter space, 2 bedrooms and 4 piece bathroom rents for $1,025. The 2nd unit features a living room, kitchen with a dining area, 2 bedrooms and a 4 piece bath rents for $1,350. There is even a small private porch off the bedroom. The backyard has a small patio and plenty of parking for tenants. Separate meters, each unit has its own wall furnace for heating. Building is a slab on grade design with no basement to worry about. Gross Income 2021 $27,237.90 Net Income $22,117.50. Don't miss out, very good buy, great tenants, priced
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