For Sale - 581 William Street, London East, Ontario

Est payment $4,202/mo
Views   1
Time on Jump  7 day
  • Legal seven-unit residential building with all units vacant for flexible renovation and repositioning.
  • Potential rental income of $9,100 monthly after updates.
  • Seven separately metered units plus an additional house hydro meter.
  • Front and rear parking, with nearby street parking.
  • Live in the spacious front unit while renting the other six apartments.



Outstanding investment! 7 vacant units name your own rents! In the heart of woodfield! This legal seven-unit residential building is ideally situated at the corner of william street and central avenue, close to richmond row , victoria park, central medical complex , . All seven units are currently vacant, giving a new owner the opportunity to renovate, reposition and establish current new rents with potential to produce $9100 monthly or $109,000,00 anualy. The property features seven separately metered units, plus an additional house hydro meter. Parking is available at both the front and rear of the property, with additional street parking nearby. The units require updating and tlc, providing excellent potential to enhance the building and create strong future revenue. This is an ideal addition to an investment portfolio, or an excellent opportunity for an owner-occupier to live in the spacious front unit while generating income from the remaining six apartments. Vtb possibly available to approved individuals , some pictures have been ai enhanced
Listing IDX14129506
Address581 William Street
CityLondon East, Ontario
Price$875,000
StyleInvestment
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentHeating / Cooling Baseboard
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Listing Brokerage: NU-VISTA PINNACLE REALTY BROKERAGE INC

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581 William Street
London East , Ontario
$875,000
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