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    For Sale - 153 Hale Street, London East, Ontario

    Est payment $3,121/mo
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    Views   1
    Time on Jump  26 day

    AI Summary *

    • Two updated units with a total current rent of $4,804/month.
    • Tenanted duplex with separate utilities and in-unit laundry for each unit.
    • Zoned R1-6, offering potential for future redevelopment opportunities.
    • Spacious 40 x 415 ft lot with additional basement space for expansion.
    • Neighboring property also for sale, enhancing investment potential.




    $4,804/month in current rent, two substantially updated units, a city of london rental licence, separate hydro, and a 40 x 415 ft lot. 153 hale street delivers income from day one, with a property profile that gives investors plenty to consider for the future. Zoned r1-6, this tenanted duplex features two self-contained units, each with in-unit laundry and access to its own half of the detached garage. The front unit offers two bedrooms upstairs plus a third main-floor bedroom, along with a partially finished basement offering plenty of additional space. The rear unit has two upper-level bedrooms, a main-floor den or office, and generous basement space. Both units have been extensively updated, including newer kitchens and bathrooms. For buyers looking to maximize the property over time, the additional basement spaces are well worth considering for expanded living or other uses. Then there's the lot. At 40 x 415 ft, its exceptional depth adds another dimension to the investment. Even more interesting, the neighbouring property, which has a similarly deep lot, is currently also available for sale. For investors or developers taking a longer-term view, the combination presents an interesting opportunity to explore future redevelopment potential. Both units are currently tenanted with total current rent of $4,804 per month as of september 1. Collect the income today while you investigate what this property could offer tomorrow.
    Listing IDX13731914
    Address153 Hale Street
    CityLondon East, Ontario
    Price$649,900
    Bed / Bath6 / 4 Full
    Style1 1/2 Storey, Duplex
    ConstructionAluminum Siding
    Land Size0.382
    TypeMulti-Family
    StatusFor Sale

    Subtype DuplexIndoor Features Primary Bedroom - Main Floor, StorageAmenities Fenced Yard, Library, Park, Place Of Worship, Public TransitOwnership FreeholdBasement Full, Partially FinishedFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 7.00
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    Listing Agency:  REAL BROKER ONTARIO LTD

    * 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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    153 Hale Street
    London East , Ontario
    6 4 $649,900
    Get more info