Mixed-use investment property generating over $63,000 in annual gross income, located on Dundas Place in downtown London. This approximately 2,700 sq ft building features a fully leased main floor commercial space and a fully occupied four-bedroom rooming house with shared common areas above.The commercial space has been recently renovated with updated flooring and washroom facilities. The residential portion offers multiple bedrooms, two full bathrooms, and spacious common areas.Situated on the vibrant Dundas Flex Street with strong visibility and steady tenant demand, this property offers stable income and attractive cap rate potential. Ideal opportunity for investors seeking an affordable downtown mixed-use investment property. (id:60297)
| MLS® Number | X12881824 |
| Property Type | Retail |
| Community Name | East K |
| AmenitiesNearBy | Public Transit |
| Features | Irregular Lot Size |
| Age | 100+ Years |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 2700 Sqft |
| Type | Residential Commercial Mix |
| UtilityWater | Municipal Water |
| Acreage | No |
| LandAmenities | Public Transit |
| SizeFrontage | 14 Ft ,3 In |
| SizeIrregular | 14.3 Ft ; 14.35 Ft X 99.09 Ft X 13.86 Ft X 99.10 F |
| SizeTotalText | 14.3 Ft ; 14.35 Ft X 99.09 Ft X 13.86 Ft X 99.10 F |
| ZoningDescription | H-3*da1*d350 |
https://www.realtor.ca/real-estate/29469512/187-dundas-street-london-east-east-k-east-k
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James Mcguire
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Amanda Mcguire
Broker
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