London, South F, N6C 1B4
$699,900$000000
Listed by COLDWELL BANKER POWER REALTY, BROKERAGE.
Fully licensed legal duplex located in desirable Wortley Village steps to great shops, restaurants, parks, trails and walking distance to downtown London. This purpose-built duplex is a Landlord’s dream with everything separated for peace of mind - 2 gas furnaces, 2 central air conditioners, 2 owned tankless water heaters, separate heat, separate hydro and separate water meters! Each unit has their own laundry. Both units have 2 bedrooms and 1 full bathroom. 3 parking spaces located on site. The main floor unit has been recently renovated and is leased at fair market value for $1,895/month plus all utilities until January 2025. The larger upstairs unit is rented for $1,079/month on month to month basis and will be vacant as of May 1, 2024, allowing new Buyer to set their own rents or owner occupy. Current market rents for this upstairs unit are approximately $2,250 plus utilities. This property is extremely easy to manage and perfect for both investors and owner occupiers looking to live in one unit and pay down a significant portion of their mortgage with the rents from the other unit. This is a perfect opportunity to get into the market and own your own home in desirable Wortley Village. City of London Rental License and main floor lease attached in documents tab.
Other,2 Dishwashers, 2 Washers, 2 Dryers, 2 Refrigerators, 2 Stoves, 2 Owned Tankless Water Heaters.
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