340 Hill Street, London East (East K), Ontario N6B 1E3 (28151228)


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340 Hill Street London East, Ontario N6B 1E3

12 Bedroom 6 Bathroom 3000 - 3500 sqft
Window Air Conditioner Forced Air

$1,149,900

Well maintained 6 unit investment property located in SOHO at the corner of Wellington Street and Hill Street. Consisting of 1- 1 bedroom, 4- 2 bedroom and 1- 3 bedroom units along with an addtional 33' x 41' parcel of land. On-site coin laundry. Parking for 9 vehicles. Located across the street from new mixed-use housing development on South Street. Current NOI: $77,222.94. Potential for significant upside, current rents below market. The 3 bedroom unit will be vacant upon possession (market rent $1,800 per month). Zoning R3-1. Close proximity to Wellington Road and transit and within walking distance to downtown London. (id:60297)

Property Details

MLS® Number X12075582
Property Type Multi-family
Community Name East K
ParkingSpaceTotal 9

Building

BathroomTotal 6
BedroomsAboveGround 12
BedroomsTotal 12
Appliances Water Heater
BasementDevelopment Unfinished
BasementType N/a (unfinished)
CoolingType Window Air Conditioner
ExteriorFinish Brick
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 3
SizeInterior 3000 - 3500 Sqft
Type Other
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 33 Ft
SizeFrontage 66 Ft
SizeIrregular 66 X 33 Ft
SizeTotalText 66 X 33 Ft
ZoningDescription R3-1

https://www.realtor.ca/real-estate/28151228/340-hill-street-london-east-east-k-east-k

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Bradley Gleed
Broker of Record


A Team London
470 Colborne Street
London, Ontario N6B 2T3

Nick Jaremko
Salesperson


A Team London
470 Colborne Street
London, Ontario N6B 2T3

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