Sherry Farid
RE/MAX Centre City Realty Inc., Brokerage

Property Details

840 RICHMOND Street, London, Ontario, N6A3H8

840 RICHMOND Street, London, Ontario, N6A3H8 (ID 40400792)
Representative
Sherry Farid portrait
Sherry Farid
Sales Representative, B.A., ABR, ASA
RE/MAX Centre City Realty Inc., Brokerage - REMAXLondon.com
Cell: 519-871-8998
Tel: 519-667-1800
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$1,150,000 - For sale

ID#:40400792

This Classic Yellow Brick triplex is a rare opportunity to own a prime investment property just steps from Downtown Richmond Row, walking distance to the University of Western and St. Joseph's hospital. This location is sure to provide uninterrupted tenancy and secure income for years to come. The three bedroom main floor unit leases for $2400/month + hydro. The 3 Bedroom upper unit is $2400/mnth + hydro. The one bedroom main floor unit leases for $1,395/mnth + hydro. A long list of renovations and upgrades include but are not limited to 45 year architectural shingles (2011), 98% efficient Boiler (2010), electrical fully updated and separately metered (2016), triple pane windows (2009), 18 inches of blown attic insulation (2016), upgrades to both (3) three bedroom units (2016) with commercial grade laminate flooring covering area living spaces, ceramic tiles in bathrooms and kitchen floors, granite counter-tops, glass showers, in suite laundry, LED lighting, new plumbing and integrated smoke and CO2 detectors. The private driveway will accommodate parking for 4 vehicles, both 3 bedroom units get 2 tandem parking spaces. City of London Rental License validated February 2023. New water supply lines from city installed 2016. Asbestos Abatement Certification of Removal available. Fantastic turn key investment! Always Easy to Rent with so many sources in the Rental Pool for this area. All Tenants on a 12 month lease. (id:2471)

Location DescriptionEast side of Richmond St, just North of Oxford

Property Details
  • Property Address:840 RICHMOND Street, London, Ontario, N6A3H8
  • Property Type:Multi-family
  • Title:Freehold
  • Acreage:under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Driveway:Detached Garage
Structure Details for 840 RICHMOND Street, London, Ontario, N6A3H8
  • Structure Style:Triplex
  • Bedrooms:7
  • Bathrooms:3
  • Floor Space:2279
  • Heating Type:Natural gas, Hot water radiator heat
  • Style:Detached
  • Storeys:1.5
  • Basement Type:Partial (Unfinished)
  • Foundation Type:Stone
  • Cooling Type:None
  • Exterior Type:Brick
Amenities for 840 RICHMOND Street, London, Ontario, N6A3H8 School Bus
  • Amenities Nearby:Hospital, Public Transit, Schools, Shopping
Representative
Sherry Farid portrait
Sherry Farid
Sales Representative, B.A., ABR, ASA
RE/MAX Centre City Realty Inc., Brokerage - REMAXLondon.com
Cell: 519-871-8998
Tel: 519-667-1800
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840 RICHMOND Street, London, Ontario, N6A3H8

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