147 Pond Mills RD new Save Request In-Person Tour Request Virtual Tour
London South,ON N5Z 3X3
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 5,250 sqft
Price per Sqft $628
Subdivision South J
MLS Listing ID X12172524
Annual Tax Amount $20,484
Tax Year 2024
Property Sub-Type Investment
Property Description
Purpose built, 11 unit apartment building available in Pond Mills. Completed in May 2018 and fully leased with five, 1-bedroom units and six, 2-bedroom units. This property is very well maintained with no deferred maintenance. The tenants on the first and second floor pay personal hydro and the lower level 1-bedroom units are all-inclusive. Landlord pays the water for the entire building. Current rental income is $205,740 / year. All units have in-suite stacking washer/dryer units. There is one, fully accessible unit on the first floor. Parking for 16 vehicles. Existing financing may be assumable to qualified Buyer.
Location
Province ON
County Middlesex
Community South J
Area Middlesex
Zoning R5-4, R9-7, H38
Interior
Cooling Yes
Inclusions Stacking Washer & Dryer Unit (11), Refrigerator (11), Electric Range (11), Dishwasher (11), Built-in microwave (11)
Exterior
Community Features Public Transit
Utilities Available Yes