Located in an A+ location, this property consists of a set of side-by-side fourplexes, totaling 8 units. It is conveniently close to Western University and major bus routes to Fanshawe College. Its downtown location provides easy access to groceries, shopping, and nightlife. The property boasts a large lot with parking space for 14 vehicles, which is quite rare for a downtown location.
Seven of the units have been recently updated with new appliances, kitchens, and flooring in 2020. Additionally, there is a brand new boiler, on-demand hot water system, separate metered wiring, and plumbing, all installed in 2020. The property has also undergone a recent fire inspection and has a rental license in place. Four units are currently available vacant, allowing for the opportunity to set your own market rents.
London, where the property is located, has a resilient and diverse economy, offering a stable foundation for investment. The city's consistent economic growth, particularly in sectors such as healthcare, education, and manufacturing, makes it an attractive destination for investment stability. The vendor is also offering financing for the right buyer.
This property, located at 300 & 302 OXFORD Street E in London, Ontario, is currently for sale. It sits on a land size of under 1/2 acre and has a total of 8 bathrooms and 12 bedrooms. The building exterior is finished with brick, and it has an unfinished basement. Heating fuel is provided by natural gas, and the property spans 2 stories.
