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764 KING Street
London Ontario N5W2X4 Canada

$499,900

Active Listing ID 40567732
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3 bed
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2,400
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2.00 Bath
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Single Family

$499,900

Active Listing ID 40567732
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764 KING Street Fully leased until Feb 28, 2025. This property is a great option for the investor to add to their portfolio. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is currently tenanted with rent coming in at $2800 per month plus utilities. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. Owners are still waiting for boulevard repairs by the city but when finished the house will be sitting on a new street with public transit at the door. The 6.2 % cap rate makes this a money maker for any investor. Please allow 24 hours notice on all showings for tenants. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Single Family
  • Features
  • Cooling System: None
  • Exterior Finish: Brick
  • Heating Systems: Forced air, Natural gas
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 5/15/2024 4:18:50 PM GMT
Source Updated Date: 5/17/2024 3:40:01 AM GMT

Courtesy of: PERRYCASKANETTE, Salesperson, INITIA REAL ESTATE (ONTARIO) LTD

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