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MLS® X13054230

Overview

Key Facts

Type Mixed Use
Levels Commercial Sale
Size 5200 sqft
Garage 
Taxes $8,170
Days Active 0
Lot Size 
Approx. Age 
Avg. Price Per Sqft $192
MLS® Number X13054230

Property Address: 342 Richmond St, London, ON, N6A3C3

Average square foot calculated using Size range provided by listing agent.

Description

Prime investment opportunity in the heart of Downtown London! Welcome to 342 Richmond Street, a fully tenanted mixed-use commercial building that perfectly blends income-generating potential with modern upgrades. Featuring an established ground-level storefront and five beautifully renovated residential units, three spacious 2-bedroom, 1-bathroom apartments and two cozy 1-bedroom, 1-bathroom units, this property is designed to attract quality tenants. Each residential unit showcases updated finishes, ensuring long-term tenant satisfaction, while the convenience of on-site laundry adds extra appeal. Recent improvements include a brand-new roof, offering peace of mind for years to come. With a stellar net operating income of $111, 000 annually and a high-demand location amidst Londons bustling core, this property is a rare find. Just steps from trendy shops, dining, and cultural landmarks, this property offers an exceptional opportunity to own a turnkey asset in a thriving urban center. Don't miss your chance to capitalize on this premium downtown cash cow! (id:58753)Show Description
MLS® NumberX13054230
Laundry Level
Central VacNo
FireplaceNo
Acreage
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Garage
Approx. Age
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Extras

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price

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