22 Palace Street London, ON N6B 3A6
Listing Courtesy of:  CREA / Coldwell Banker Power Realty, Brokerage / Calum Angus

  22 Palace Street London, ON N6B 3A6

Active (85 Days)
$799,900
8
BED
2
BATH

Description

Fully renovated licensed legal duplex located in desirable Woodfield steps to restaurants, parks, trails and walking distance to downtown London. multiple options available with both units currently vacant. This purpose-built duplex is a Landlords dream & is perfect for investors looking for a turnkey property with strong cash flow with a projected cap rate of over 8%. Separate heat, separate hydro and separate water meters! Each unit has their own laundry. Both units have 4 good sized bedrooms and a 4 piece bathroom, a large family room with gas fireplace and separate dining space as well as an eat in kitchen. 4\\6 parking spaces located on site. Both units are FULLY VACANT allowing the new Buyer to set their own rents Current market rents for EACH unit is $3200 plus utilities is easily attainable with its proximity to downtown and UWO & Fanshawe College. (id:41440)

MLS®:
X9051374
Type
Single-Family Home
County
Middlesex County

Listed By

Calum Angus, Coldwell Banker Power Realty, Brokerage
Source
CREA
Last checked Oct 16 2024 at 12:11 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Refrigerator
  • Dryer
  • Two Stoves
  • Two Washers
Property Features
  • Fireplace: Total: 2
  • Foundation: Poured Concrete
Heating and Cooling
  • Baseboard Heaters
  • Electric
  • Wall Unit
Exterior Features
  • Vinyl Siding
  • Brick
Utility Information
  • Sewer: Sanitary Sewer
Parking
  • Total: 4
Stories
  • 2
Location
   
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Disclaimer: REALTOR.CA The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 10/16/24 05:11