$829,999
Status: For Sale
Fully renovated licensed legal duplex located in desirable steps to restaurants, parks, trails and walking distance to downtown London. This purpose-built duplex is a Landlords dream & is perfect for investors looking for a turnkey property with strong cash flow with a projected cap rate of over 8%. Separate heat, separate hydro and separate water meters! Each unit has their own laundry. Both units have 4 good sized bedrooms and a 4 piece bathroom, a large family room with gas fireplace and separate dining space as well as an eat in kitchen. 4\6 parking spaces located on site. The main floor unit has been fully renovated and is leased on month to month basis and can be vacant as of July 1, 2024, allowing the new Buyer to set their own rents Current market rents for this unit is $3200 plus utilities. Downstairs is vacant and conservative rents per room at $800 + utilities is easily attainable with its proximity to downtown and UWO & Fanshawe College.
| Price | :$829,999 |
| Property Taxes | :$4500.39 |
| Tax Year | :2023 |
| Bedrooms | :4 + 4 |
| No. of Rooms | :8 |
| Air Conditioning | :Wall Unit |
| Heating | :Baseboard |
| Place of Worship | :No |
| Cross Street | :North On Adelaide Towards Princess Ave, West Of Adelaide St, South Of Central Ave |
| Bathrooms | :2 |
| Fuel | :Electric |
| Elevator | :No |
| Approx Square Footage | :2500-3000 sqft |
| Virtual Tour | :Virtual Tour (External Link) |
| Exterior Finish | :Brick, Vinyl Siding |
| Internet | :Yes |
| Parking Space | :4 |
| Basement | :None |
| Garage | :None |
| Park | :Park |
| Library | :Library |
| Public Transit | :No |
| School | :No |
09 May, 2024
TREB #X8322168
Listed
$829999.0
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22 Palace St brings to you its latest residential development at a prime location in Middlesex, Ontario.
COLDWELL BANKER POWER REALTY presents 22 Palace St to the aspiring future-residents. The Property is for Sale and Available, it offers high capital appreciation and available at a price of 829,999. 22 Palace St is the most luxurious Resedential nestled in East F, Middlesex, Ontario Canada. 22 Palace St development is a master-planned residential community located in Canada. These mesmerizing and breath-taking Duplex 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 22 Palace St embody modern sophistication combined with the charm of the classic.
The residents at 22 Palace St can enjoy exclusive access to an array of top-notch area size 2500-3000 sqft. Wait there’s more! 22 Palace St also offers impressive exterior and interior features and finishes to offer you a lavishing lifestyle. It also covers 4+4 beds, 2 baths.
Square Yards is offering Cashback amount of $4,150 on Booking the inventory, the project is live since 6 Days, there is 4.599999999999994% Drop in Price since 2024-05-09. 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.
