1051 RICHMOND STREET new Save Request In-Person Tour Request Virtual Tour
London East (east B),ON N6A3J7
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $832
Subdivision East B
MLS Listing ID X12316959
Bedrooms 8
Half Baths 1
Property Sub-Type Freehold
Source London and St. Thomas Association of REALTORS®
Property Description
Embrace a prime investment opportunity with this captivating 8 bedroom home boasting a lucrative 6% cap rate, strategically positioned on Richmond St within a stone's throw to Western University, offering both convenience and potential for high returns. A quick bus trip connects you to various amenities, placing everything at your fingertips. This versatile home currently features 8 bedrooms but has the potential for effortless conversion into separate units, maximizing its income potential. Seize the opportunity to capitalize on this exceptional property, perfectly positioned near all amenities. Don't miss your chance to own this gem and unlock the full potential of this investment in a highly sought-after location. Property is also located at a future rapid transit stop providing for future re-development opportunities (details available upon request). (id:24570)
Location
Province ON
Rooms
Kitchen 1.0
Extra Room 1 Second level 3.79 m X 3.55 m Primary Bedroom
Extra Room 2 Second level 3.47 m X 2.59 m Bedroom 2
Extra Room 3 Second level 3.74 m X 2.59 m Bedroom 3
Extra Room 4 Second level 3.04 m X 2.71 m Bedroom 4
Extra Room 5 Third level 4.2 m X 2.26 m Bedroom 5
Extra Room 6 Third level 3.63 m X 3.28 m Bedroom
Interior
Heating Forced air
Exterior
Parking Features No
Community Features School Bus
View Y/N No
Total Parking Spaces 2
Private Pool No
Building
Story 2.5
Sewer Sanitary sewer
Others
Ownership Freehold