1 Rathgar ST Open House Save Request In-Person Tour Request Virtual Tour
London East,ON N5Z 1Y3
OPEN HOUSE
Sat Oct 04, 10:00am - 1:00pm
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision East L
MLS Listing ID X12301552
Style 1 1/2 Storey
Bedrooms 3
Annual Tax Amount $2,564
Tax Year 2024
Property Sub-Type Duplex
Property Description
This legal side-by-side 1.5 story duplex near London's core features a separately metered very spacious split level two bed unit with basement and a main level one bed unit. Oppurtunity knocks, its calling the right buyer with high rent potential ($3100+/month for both units; more for ambitious Buyer that opts to add an additional unit[s]). This is a very large duplex, one of the larger ones in the area, above ground square footage on ground level and a lofted upper level in both units, along with unfinsihed basement space offering lots of development potential. Both units feature seperate entrances and one unit also has backyard access. Solid dual income rental property or for someone looking for income offset potential to live in one unit and use the rent from the other unit to pay down the mortgage. Clear height of basement throughout majority of basement is around 6'5"; making it viable for additonal finished space or possibly a future third unit incorporating part of the main level. Consideration for adding addtional unit(s) will be at the discretion of the Buyer and entirelt up to their due dilligence. Property is being sold "as is/ where is" without any warrenties from the Seller. Property is now being offered with vacant possession and is currently vacant. This property is close to the downtown core, near to many elementary, secondary and specialized schools, offers access to ample public transist routes, and is in close proximity to hospitals.
Location
Province ON
County Middlesex
Community East L
Area Middlesex
Zoning R2-2
Rooms
Basement Unfinished,Full
Kitchen 2
Interior
Interior Features Accessory Apartment,Water Meter,Separate Hydro Meter,Primary Bedroom - Main Floor,On Demand Water Heater
Cooling Central Air
Inclusions 2 Fridges, 2 Stoves, Stacked Washer & Dryer Set, Washer, Dryer (All Appliances in "as is/ where is " Condition)
Exterior
Parking Features None
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 2
Building
Building Age 100+
Foundation Concrete Block
Others
ParcelsYN No