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London, ON N6B1H9 184 SIMCOE STREET

$764,900

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Presented By: CENTURY 21 MILLENNIUM INC.
  • MLS# X11992024
  • 02/27/2025
  • Request Tour
  • Request Info
  • Beds • 6
  • Baths • 4
  • SQFT • 2,000

Home Details

Well Managed, Turn key in Good repair! Brick building with 5 + parking, 4 Separate meters, Coin Washer & Dryer. Unit#1($1,750/m) 1 + Den, Front door renovated: Unit#2($1,050/m): Access through rear, 1 Bed, renovated Unit#3($1,332/m): Access through rear main level door, 1 Bed, Unit#4($1,230/m): Access through rear lower level door, 1 Bed+den, Coin Laundry ($150/m): Landlord pays electric meter for common area coin laundry, Storage & utility room. Deep Lot, Additional potential ZONING ALLOWS PARKING IN REAR. Take advantage of Vendor Financing 6.5% interest. After Mortgage, insurance, utilities NET Income positive cashflow $1,362.10/m**EXTRAS** Any chattels remaining on the property not belonging to Tenants. LIVE IN VACANT FRONT UNIT Vendor Mortgage = $3,367/m; Collect 3 rents+laundry = $3,762/m, Property taxes - $287/m, Utilities/Insurance - $496/m live here your Total monthly payment = $338/m with minimum Down Payment! (id:7434)
Presented By: CENTURY 21 MILLENNIUM INC.

Interior Features for 184 SIMCOE STREET

Other Interior Features

Basement DevelopmentFinished
Basement TypeN/A (Finished)
Building Fireplace PresentFalse
Building Heating FuelElectric
Building Heating TypeBaseboard heaters

General for 184 SIMCOE STREET

Building AppliancesDryer, Washer
Building Basement FeaturesSeparate entrance
Building TypeFourplex
CommunityNameEast K
Foundation TypeBlock
Location DescriptionSimcoe Street/Richmond Street
Parking Space Total8
Property TypeMulti-family
Suite - LegalNo

Exterior for 184 SIMCOE STREET

Exterior FinishBrick
SewerSanitary sewer

Additional Details

Zayd Hamamiyah

Realtor ®, BBA Hon.
Price $764,900
MLS#X11992024
List Date 02/27/2025
Property Type Multi-Family
Phone 289.816.2923
Request Tour
Request Info
Visit My Website

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