Property Details

88 BECHER Street, London, Ontario, N6C1A7

88 BECHER Street, London, Ontario, N6C1A7 (ID 262279)
Representative
Stacey Burr portrait
Stacey Burr
Sales Representative
RE/MAX Centre City Realty Inc., Brokerage - London*
Cell: 226-927-7502
Tel: 519-667-1800

$1,245,000 - For sale

ID#:262279

Safe and Secure Investment - This 5-Plex is always fully rented in a great area & Has Very Few expenses ($75000 NOI).Seller may hold 2nd mortgage @5% (+2nd yr) VTB.The Tenants pay all the rest With fully owned equipment including: Fridges.Stoves, Washers, Dryers, Dishwashers, On Demand Water heaters and VERY efficient HydroTherm Air Handlers Heating and Air conditioning units (with Ductwork) ALL X 5 (All appliances owned in each of 5 units All utilities paid by tenants). Great Tenants (some share rooms) with 10 minute walk across the bridge and parkland and walkways 5 minutes away. Gutted over the 15 year ownership, Each unit has character and charm and an outdoor area with Private deck or patio area. 6 Car Parking + I car garage on this tree-lined south street near the river. We would like to consider the Tenants Safety Covid Pre-Cautions Please see Doc. Over $92,000 (current 2020) Rental income with Low expenses (based on 2019) -this can be your retirement savings plan! 24 hr Notice (id:2471)

Location DescriptionJust off Wharncliffe Road, East on Becher - prop on right. Easy walk across the walking bridge or path to downtown in 7 minutes.

Property Details
  • Property Address:88 BECHER Street, London, Ontario, N6C1A7
  • Property Type:Multi-family
  • Title:Freehold
  • Acreage:under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Access:Road access
  • Driveway:Detached garage
Structure Details for 88 BECHER Street, London, Ontario, N6C1A7
  • Building Age:1910
  • Heating Type:Hot water radiator heat
  • Storeys:3
  • Foundation Type:Block
  • Cooling Type:Central air conditioning, Ductless, Wall unit
  • Appliances Included:Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Rental Equipment:None
  • Exterior Type:Brick, Wood
Amenities for 88 BECHER Street, London, Ontario, N6C1A7 Southern exposure, Double width or more driveway, Paved driveway
  • Amenities Nearby:Public Transit
Representative
Stacey Burr portrait
Stacey Burr
Sales Representative
RE/MAX Centre City Realty Inc., Brokerage - London*
Cell: 226-927-7502
Tel: 519-667-1800
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88 BECHER Street, London, Ontario, N6C1A7

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