20 Adelaide Street S, London, Ontario N5Z 3J8 (28023973)
20 Adelaide Street S London, Ontario N5Z 3J8
$699,900
Multi-Unit Investment Opportunity in London, Ontario. Discover this prime investment opportunity: a fully tenanted 5-unit building offering consistent rental income with a gross rent of $77,528.64 annually, making it an excellent addition to any investor's portfolio. Five Separate Hydro Meters and plenty of parking for all the tenants. Enjoy immediate cash flow at market rents with reliable, established tenants in place. Situated by Victoria hospital, close to amenities, schools, public transportation, and major thoroughfares. This is an exceptional opportunity for investors seeking stable income and growth potential in one of Ontario's most promising real estate markets. Don't miss out on this turnkey property! (id:46416)
Property Details
| MLS® Number | X12018952 |
| Property Type | Multi-family |
| Community Name | South I |
| Features | Flat Site, Lighting |
| Parking Space Total | 6 |
Building
| Bathroom Total | 5 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 6 |
| Age | 100+ Years |
| Amenities | Separate Electricity Meters |
| Appliances | Dryer |
| Basement Development | Finished |
| Basement Type | N/a (finished) |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1500 - 2000 Sqft |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 125 Ft |
| Size Frontage | 30 Ft |
| Size Irregular | 30 X 125 Ft ; 125.31 Ft X 29.59 Ft X 125.30 Ft X 29.55 |
| Size Total Text | 30 X 125 Ft ; 125.31 Ft X 29.59 Ft X 125.30 Ft X 29.55|under 1/2 Acre |
Utilities
| Cable | Available |
| Sewer | Installed |
https://www.realtor.ca/real-estate/28023973/20-adelaide-street-s-london-south-i
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March 24 2025 10:18:04
London and St. Thomas Association of REALTORS®
Century 21 First Canadian Corp
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Yvonne Steer, Elgin Realty Limited, Brokerage - St. Thomas Real Estate Agent
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