Outstanding investment! 7 Vacant Units Name your own rents! In the heart of Woodfield!This legal seven-unit residential building is ideally situated at the corner of William Street and Central Avenue, close to Richmond Row , Victoria Park, Central Medical Complex , .All seven units are currently vacant, giving a new owner the opportunity to renovate, reposition and establish current new Rents with potential to produce $9100 Monthly or $109,000,00 Anualy. The property features seven separately metered units, plus an additional house hydro meter. Parking is available at both the front and rear of the property, with additional street parking nearby.The units require updating and TLC, providing excellent potential to enhance the building and create strong future revenue. This is an ideal addition to an investment portfolio, or an excellent opportunity for an owner-occupier to live in the spacious front unit while generating income from the remaining six apartments.VTB possibly available to approved individuals , Some pictures have been AI enhanced (id:4069)
Address
581 WILLIAM STREET S
List Price
$875,000
Property Type
Multi-family
Type of Dwelling
Multi-Family
Transaction Type
Sale
Area
Ontario
Sub-Area
London East (east B)
Floor Area
3,200 Sq. Ft.
Lot Size
Bldg=45.8 x 75.27 FT Sq. Ft.
Lot Depth
75 ft ,3 in
Frontage Length
45 ft ,9 in
MLS® Number
X14129506
Listing Brokerage
NU-VISTA PINNACLE REALTY BROKERAGE INC
Postal Code
N6B3E8
Zoning
R3-2
Heat Type
Baseboard heaters
Cooling Features
None
Water Source
Municipal water
