Situated on a beautiful quiet treed street, sits this newly renovated historic charmer multi-unit property. The second story addition of a new upper legal unit was just completed with building permit in 2023. Thie entire property is rented for $5085 a month which is equal to over $61,000 a year in rental income; with all three units on a fresh one year lease until November 2024. The high quality tenants were placed by a turn key property management company that will stay on managing. Top to bottom, nearly everything has been redone — from new luxury vinyl plank floors throughout, new roofs, a new on demand high efficiency hot water heater system, new plumbing and electrical throughout, energy efficient windows, brand new kitchens (with gas stoves), brand new redone bathrooms with luxury tile, stainless steel appliances, and a brand new heat pump / AC system to be installed prior to closing. This is not one to miss, such a unique property with all these features rarely comes on the market. Seller financing / vendor take back option for half the downpayment possible for qualified buyers. Don’t wait! (id:49759)
| MLS® Number | 40482880 |
| Property Type | Multi-family |
| Amenities Near By | Airport, Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Community Features | Community Centre, School Bus |
| Features | Crushed Stone Driveway |
| Parking Space Total | 3 |
| Bathroom Total | 3 |
| Bedrooms Total | 5 |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Construction Material | Concrete Block, Concrete Walls |
| Cooling Type | None |
| Exterior Finish | Concrete, Vinyl Siding |
| Foundation Type | Poured Concrete |
| Heating Fuel | Electric, Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1452 |
| Type | Triplex |
| Utility Water | Municipal Water |
| Access Type | Road Access |
| Acreage | No |
| Fence Type | Fence |
| Land Amenities | Airport, Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 233 Ft |
| Size Frontage | 40 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R2-3 |
https://www.realtor.ca/real-estate/26049519/354-spruce-street-london
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