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139 Godfrey Drive, London East (East D), ON N5V2E8
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$1,700,000
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Home Details for 139 Godfrey Drive
Price
$1,700,000
Type
Multi Family
Listing #
X12494896
On exitrealty.com
63 days
Property Description
Excellent Investment Opportunity! Purpose-built, all-brick 9-unit apartment building featuring 6 two-bedroom, 2 one-bedroom, and 1 bachelor unit. Fully rented with great tenants, offering stable cash flow and minimal vacancy risk. Prime location near Fanshawe College, Northland Mall, bus routes, and easy 401 access. Gross rental income is $141,291 with an NOI of $94,896. Attractive assumable financing available (approx. 2.69%, subject to lender approval - contact listing agent for details). Perfect for gradual rent increases through natural turnover and updates. Tenants pay rent + hydro. Features include new boiler, coin-op laundry, ample parking, and exterior paint/siding updated in 2022. (id:31684)
- Heating Information
- Hot Water
- Radiant
- Natural Gas
- Cooling Information
- None
Listing Courtesy: THRIVE REALTY GROUP INC.
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$1,700,000
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