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    For Sale - 163 Emerson Street, London South, Ontario

    Est payment $2,756/mo
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    Views   2
    Time on Jump  33 day

    AI Summary *

    • Legal duplex converted in 2021, great investment opportunity.
    • Front unit has 2 bedrooms, rented to long-term tenants.
    • Rear unit offers 2 bedrooms and 2 bathrooms, fully furnished.
    • Total monthly income of $4,090 from both units.
    • Recent renovations include new siding and decks with BBQ connections.




    Property overview and income: this legal duplex, permitted and converted in 2021, is located on a quiet street close to the hospital, frequently attracting medical professionals. The front unit features 2 bedrooms and 1 bathroom, occupied by long-term tenants at $1,200 permonth. The larger rear unit features 2 bedrooms and 2 bathrooms, rented as a mid-term furnished unit for $2,890 per month, and will be sold fully furnished. Total gross monthly income is $4,090. 2021 capital improvements: the entire property underwent a full, permitted renovation in 2021. Upgrades for both units include 2 full kitchens, 2 bathrooms, 2 forced-air furnaces, 2 hot water heaters, 2 otr microwaves, and 2 in-suite washers, and dryers. Exterior improvements feature new siding across the entire structure and newly added decks for each unit, each complete with natural gas barbecue connections and bbq's included! This property is immediately ready for rental income.
    Listing IDX13243428
    Address163 Emerson Street
    CityLondon South, Ontario
    Price$574,000
    Bed / Bath4 / 3 Full
    StyleBacksplit 3, Duplex
    ConstructionVinyl Siding
    Land Size6243
    TypeMulti-Family
    StatusFor Sale

    Subtype DuplexIndoor Features Water Heater OwnedOwnership FreeholdBasement Partially FinishedFoundation Concrete, Concrete BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 4.00
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    Listing Agency:  RIGHT AT HOME 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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    163 Emerson Street
    London South , Ontario
    4 3 $574,000
    Get more info