Property Details

1559 ALLEN Place, London, Ontario, N5W2V9

1559 ALLEN Place, London, Ontario, N5W2V9 (ID 40484330)
Representative
Kelley Schroeyers portrait
Kelley Schroeyers
Sales Representative
BAILE REALTY INC., BROKERAGE
Cell: 519-381-1790

$1,250,000 - For sale

ID#:40484330

Presenting a remarkable chance for savvy investors: this purpose-built 6-plex offers not only immediate returns but also substantial potential for growth. Comprising of 5 spacious three-bedroom units, and 1 One-Bedroom Unit; each thoughtfully designed for comfortable living, this property stands as a solid addition to your investment portfolio. What truly distinguishes this opportunity is the untapped potential it holds. At the close of this month, two of the six units will become vacant, opening doors for strategic renovations or rent adjustments, further elevating your rental income. Strategically located in a prime area of London, this 6-plex enjoys proximity to a wealth of amenities, educational institutions, and recreational parks, making it incredibly appealing to tenants seeking convenience and quality living. Seize this chance to unlock the full potential of this promising real estate investment. (id:2471)

Location DescriptionAllen Ave, off of Spruce Street

Property Details
  • Property Address:1559 ALLEN Place, London, Ontario, N5W2V9
  • Property Type:Multi-family
  • Title:Freehold
  • Lot Size:under 1/2 acre
  • Acreage:under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Driveway:Visitor Parking
  • Parking Space Total:10
Structure Details for 1559 ALLEN Place, London, Ontario, N5W2V9
  • Building Age:1960
  • Bedrooms:16
  • Bathrooms:6
  • Floor Space:4150
  • Heating Type:Natural gas
  • Storeys:2
  • Basement Type:Full (Finished)
  • Foundation Type:Block
  • Cooling Type:None
  • Exterior Type:Brick
Amenities for 1559 ALLEN Place, London, Ontario, N5W2V9 Cul-de-sac, Community Centre, School Bus
  • Amenities Nearby:Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Representative
Kelley Schroeyers portrait
Kelley Schroeyers
Sales Representative
BAILE REALTY INC., BROKERAGE
Cell: 519-381-1790
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1559 ALLEN Place, London, Ontario, N5W2V9

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