$1,855,855
Status: For Sale
MULTI-PROPERTY MULTI-UNIT INVESTOR'S PACKAGE - 7 UNITS/DOORS & PARCEL OF LAND w/ 9-15+ ADDITIONAL UNIT DEV. POTENTIAL: This listing includes a three unit building and two legal duplex units, a single car garage along with a parcel of tied land (three seperate addresses; 224, 226 & 230 Richmond Street). At the mouth of downtown London on the historic Richmond Street just north of the Thames River and northeast of iconic Wortley Village. These properties are currently fully tenanted. Present Net Operating Income (NOI) before lending costs of the seven combinded rented units is over $67,000 and at current market rents (conservative values) could be over $100,000 Net Operating Income (NOI). 230 Richmond Street is a three unit building with three bedroom units on the main and upper levels and a two bedroom unit on the lower level. Property being sold ''as is/where is''(R3-1 zoning). Planner has suggested that a 9-15 Unit building can be constructed on vacant lot (w/ 224 Richmond property).
| Property Type | :Residential |
| Area | :3500-5000 sqft |
| MLS Number | :X7065206 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :05 Apr, 2024 (23 Days ago) |
| Property Age | :51-99 years |
| Area | :Middlesex |
| Postal Code | : N6B 2H6 |
| Source | :TRREB |
| Price | :$1,855,855 |
| Property Taxes | :$4234.26 |
| Tax Year | :2022 |
| Bedrooms | :9 + 5 |
| No. of Rooms | :31 |
| Air Conditioning | :None |
| Heating | :Forced Air |
| Place of Worship | :No |
| Cross Street | :Horton St |
| Bathrooms | :7 |
| Fuel | :Gas |
| Elevator | :No |
| Approx Square Footage | :3500-5000 sqft |
| Fireplace/Stove | :No |
| Exterior Finish | :Brick, Vinyl Siding |
| Internet | :Yes |
| Parking Space | :7 |
| Basement | :Apartment |
| Garage | :Detached |
| Laundry Level | :Main |
| Public Transit | :No |
| School | :No |
07 Oct, 2023
TREB #X7065206
Listed
$1855855.0
224,226 & 230 Richmond St brings to you its latest residential development at a prime location in Middlesex, Ontario.
EXP REALTY presents 224,226 & 230 Richmond St to the aspiring future-residents. The Property is for Sale and Available, it offers high capital appreciation and available at a price of 1,855,855. 224,226 & 230 Richmond St is the most luxurious Resedential nestled in , Middlesex, Ontario Canada. 224,226 & 230 Richmond St development is a master-planned residential community located in Canada. These mesmerizing and breath-taking Multiplex are the ideal fit for those who aspire to live an opulent life in the most sought-after locality. the area is intended to create a safe and welcoming pedestrian experience. The residences of 224,226 & 230 Richmond St embody modern sophistication combined with the charm of the classic.
The residents at 224,226 & 230 Richmond St can enjoy exclusive access to an array of top-notch area size 3500-5000 sqft. Wait there’s more! 224,226 & 230 Richmond St also offers impressive exterior and interior features and finishes to offer you a lavishing lifestyle. It also covers 9+5 beds, 7 baths.
Square Yards is offering Cashback amount of $9,279 on Booking the inventory, the project is live since 23 Days, there is No change in Price . Middlesex Real Estate offers mls multiple listing service from the real estate board of Middlesex. Square Yards offers quality services provided by trusted real estate agent and professionals who support in buying home or renting a property.
