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    For Sale - 1 Rathgar Street, London East, Ontario

    Est payment $1,680/mo
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    Views   1
    Time on Jump  142 day

    AI Summary *

    • Spacious side-by-side duplex with separate entrances for each unit.
    • Two units provide rental income potential exceeding $3,000/month.
    • Vacant one-bed unit ready for owner-occupancy or investment.
    • Located near downtown, schools, and public transit for convenience.
    • Large duplex with potential for further development in the unfinished basement.




    This legal side-by-side 1. 5 story duplex near london's core features a separately metered very spacious split level two bed unit with basement and a main level one bed unit. Opportunity knocks for investors and owners looking for a mortgage helper opportunity. This property is calling the right buyer for occupy the vacant one bed unit 1a with income support from the rented three bed unit 1b (as and income property with rent potential of $3,000+/month for both units [$1,750 for currently rented unit 1b - split level three bedroom unit with unfinished basement and $1,250 for currently vacant unit 1a - main level one bedroom unit; each with their own parking space] ). This is a very large duplex, one of the larger ones in the area, above ground square footage on ground level and a lofted upper level in both units, along with unfinished basement space offering lots of development potential. Both units feature seperate entrances and one unit also has backyard access. 1 rathgar street is a solid dual income rental property or well suited for an individual or couple looking for income offset potential to live in one unit and use the rental inome to help pay down the mortgage. Property is being sold "as is/ where is" without any warranties from the seller. Property is now being offered with vacant possession. Property includes kitchen appliances and laundry sets in each unit. This property is close to the downtown core, near to many schools, offers access to ample public transit routes, and is in close proximity to hospitals.
    Listing IDX12527174
    Address1 Rathgar Street
    CityLondon East, Ontario
    Price$349,900
    Bed / Bath4 / 2 Full
    Style1 1/2 Storey, Duplex
    ConstructionMetal/Steel Siding
    Land Size0.061
    TypeMulti-Family
    StatusFor Sale

    Subtype DuplexIndoor Features Accessory Apartment, Water Meter, Separate Hydro Meter, Primary Bedroom - Main Floor, On Demand Water HeaterAmenities Arts Centre, Public Transit, School Bus Route, School, Hospital, Rec./Commun.CentreOwnership FreeholdBasement Unfinished, FullFoundation Concrete BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 2.00
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    Listing Agency:  EXP REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    1 Rathgar Street
    London East , Ontario
    4 2 $349,900
    Get more info