1803 Park AVE new

London East,ON N5W 2J6

$ 1249900

10 Beds

5 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision East H

MLS Listing ID X12483948

Style 2-Storey

Bedrooms 10

Annual Tax Amount $8,416

Tax Year 2025

Property Sub-Type Multiplex

Property Description

Wonderful long term investment opportunity in east London on Park Ave. Solid all brick, purpose built 6 unit building on a street where the vast majority of homes are single family. 4 - spacious 2 bedroom units above grade and 2 - 1 bedroom units in the lower level along with storage lockers for each tenant, full laundry room w/coin-op washer & dryer and dedicated mechanical room. All units are separately metered for hydro along with a common meter and hot water baseboard heating. Front and back stairwells for tenant convenience. Lots of parking behind the building along with a sizeable storage shed. Building has all newer vinyl windows, updated 98 gallon hot water tank 2024, hydro panels replaced in all units to breakers 2022, exterior concrete work approx. 2015, building sewer replaced in 2003. This is a very well cared for building w/ mature mostly longer term tenants. Lots of upside potential here as units turn over. Please contact listing agent for more info and showings.

Location

Province ON

County Middlesex

Community East H

Area Middlesex

Zoning R8-1

Rooms

Family Room No

Basement Full

Kitchen 6

Interior

Interior Features Separate Hydro Meter,Storage Area Lockers

Cooling None

Inclusions 5 fridges, 6 stoves, water heater

Exterior

Exterior Feature Patio

Parking Features Private

Pool None

Roof Type Flat

Lot Frontage 98.0

Lot Depth 147.0

Total Parking Spaces 8

Building

Foundation Concrete

Others

Senior Community No

ParcelsYN No

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