Re/max Premier Inc., Brokerage
9100 Jane St
Concord, ON
L4K 0A4
London, East G, N5W 3Y1
$469,900$000000
Listed by CENTURY 21 FIRST CANADIAN CORP., BROKERAGE.
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 to sell.
Built-in Microwave,Carbon Monoxide Detector,Refrigerator,Smoke Detector,Stove,Note: 2 Fridges, 2 Stoves, One Built In Microwave
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Utility Room
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.