186 Clarence ST new Save Request In-Person Tour Request Virtual Tour
London East,ON N6B 2J7
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision East K
MLS Listing ID X12162319
Style 1 1/2 Storey
Bedrooms 4
Building Age 100+
Annual Tax Amount $2,202
Tax Year 2024
Property Sub-Type Triplex
Property Description
Fantastic Investment Opportunity in London's Vibrant SOHO Neighbourhood! This well-maintained triplex is the perfect addition to any investors portfolio or a great option for owner-occupiers looking to offset their mortgage with rental income. Featuring one spacious 2-bedroom unit and two bright 1-bedroom units, the property generates a solid annual income of $32,428 with low annual expenses of just $6,300. Each unit offers private entrances, functional layouts, and excellent rental appeal. Tenants enjoy convenient access to public transit, parks, shopping, and all the amenities that make SOHO one of London's emerging communities. With strong cash flow and room for future value growth, this is a turn-key property in a high-demand rental market. Don't miss your chance to own a proven income generator in a central location!
Location
State ON
County Middlesex
Community East K
Area Middlesex
Rooms
Family Room Yes
Basement Separate Entrance,Unfinished
Kitchen 3
Interior
Interior Features Accessory Apartment,Carpet Free,In-Law Capability,Primary Bedroom - Main Floor,Storage,Water Heater Owned,Water Meter
Cooling Other
Fireplace No
Heat Source Gas
Exterior
Parking Features Lane,Private
Pool None
View City
Roof Type Asphalt Shingle
Lot Frontage 25.0
Lot Depth 110.0
Total Parking Spaces 1
Building
Unit Features Public Transit,Rec./Commun.Centre,School Bus Route
Foundation Concrete Block