786 Nelson Street, London East (East L), Ontario N5Z 1K3 (29721940)


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786 Nelson Street London East, Ontario N5Z 1K3

5 Bedroom 3 Bathroom 1100 - 1500 sqft
Bungalow Central Air Conditioning Forced Air

$499,900

Triple-Unit Rental Gem! Welcome to a fantastic opportunity located in a vibrant and convenient London neighborhood! This freehold property is an ideal choice for savvy investors or first-time buyers & growing families looking to make some extra income with their property purchase. Enjoy a spacious lot with dimensions of approximately 60.96 x 80.21 ft, including a detached single garage and providing ample outdoor space for parking. This versatile freehold property features three fully licensed rental units, offering immediate income potential. This is the rare, high-yield opportunity you've been waiting for as the 3 units are freshly updated and ready to rent to new tenants at a relative market rate. Main Floor Front (2-Bedroom): A spacious and welcoming unit perfect for a small family or professional couple. Main Floor Back (1-Bedroom): A cozy, efficient suite ideal for a single tenant, maximizing the footprint of the main level. Lower Level (2-Bedroom): Forget the typical dark basement apartment-this unit is a standout. Featuring multiple large windows in both the bedrooms and the living area, the space is flooded with natural light. It also boasts private exterior access, ensuring complete autonomy and privacy for the tenant. Book a private viewing today! (id:60297)

Property Details

MLS® Number X13101660
Property Type Multi-family
Community Name East L
EquipmentType Water Heater - Gas, Water Heater
ParkingSpaceTotal 6
RentalEquipmentType Water Heater - Gas, Water Heater
Structure Porch

Building

BathroomTotal 3
BedroomsAboveGround 3
BedroomsBelowGround 2
BedroomsTotal 5
Age 100+ Years
Appliances Dryer, Stove, Washer, Refrigerator
ArchitecturalStyle Bungalow
BasementDevelopment Finished
BasementFeatures Apartment In Basement, Walk Out
BasementType N/a, N/a (finished), N/a
CoolingType Central Air Conditioning
ExteriorFinish Brick
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 1
SizeInterior 1100 - 1500 Sqft
Type Triplex
UtilityWater Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
FenceType Partially Fenced
Sewer Sanitary Sewer
SizeDepth 80 Ft
SizeFrontage 60 Ft
SizeIrregular 60 X 80 Ft
SizeTotalText 60 X 80 Ft

Rooms

LevelTypeDimensions
Lower Level Bedroom 4.32 m x 2.43 m
Lower Level Kitchen 3.57 m x 5.12 m
Lower Level Living Room 6.04 m x 3.15 m
Lower Level Primary Bedroom 4.64 m x 3.57 m
Main Level Kitchen 2.8 m x 2.89 m
Main Level Living Room 3.45 m x 4.92 m
Main Level Bedroom 2.66 m x 2.89 m
Main Level Primary Bedroom 2.66 m x 3.5 m
Main Level Kitchen 2.92 m x 3.26 m
Main Level Living Room 3.82 m x 2.92 m
Main Level Primary Bedroom 2.4 m x 3.15 m

https://www.realtor.ca/real-estate/29721940/786-nelson-street-london-east-east-l-east-l

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Rick Pinheiro
Broker of Record


Pinheiro Realty Ltd

Jason Pinheiro
Salesperson


Pinheiro Realty Ltd

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