ON > London > East K
London, ON N6B 1H9,184 Simcoe ST
London, ON N6B 1H9,184 Simcoe ST
London, ON N6B 1H9,184 Simcoe ST
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$764,900
Est. payment /mo
6 Beds
4 Baths
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision East K

MLS Listing ID X11992024

Style Backsplit 4

Bedrooms 6

Annual Tax Amount $3,445

Tax Year 2024

Property Sub-Type Fourplex

Lot Depth 197.74

Lot Front 38.55

Appx SqFt 2000-2500

Property Description

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!

Location

Province ON

County Middlesex

Community East K

Area Middlesex

Rooms

Family Room Yes

Basement Finished, Separate Entrance

Kitchen 4

Separate Den/Office 1

Interior

Interior Features Other

Cooling None

Inclusions Currently on the property : common area Coin Washer and Dryer, gas Tankless hot water system, in possession of Seller, with ownership unknown.

Exterior

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 38.55

Lot Depth 197.74

Total Parking Spaces 8

Building

Foundation Concrete Block

Others

Senior Community No

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Listed by CENTURY 21 MILLENNIUM INC.

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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