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784 Little Grey Street London East (East L), Ontario N5Z 1P1

5 Bedroom 2 Bathroom 1500 - 2000 sqft
None Radiant Heat

$515,000

Excellent investment opportunity with ONE VACANT RENOVATED UNIT! Welcome to 784 Little Grey Street, a well-maintained duplex on a large deep lot in the heart of London, perfect for first-time investors, house hackers, or those looking to expand their real estate portfolio. The main floor unit (Unit A) features three bedrooms and a four-piece bathroom, currently rented for $2047.95 plus electricity, while the upper unit (Unit B) offers two bedrooms, a four-piece bathroom, and has been recently renovated and is currently vacant. Each unit is separately metered for electricity, with tenants paying their own electricity and the landlord covering gas and water. The property includes many updates such as new click vinyl flooring in Unit A, a new washing machine in Unit A, a large shed added in 2021, one owned tankless water heater, one rented water heater, and an owned hot water radiator system. With parking for four vehicles (three tandem and one single) and a prime location near 100 Kellogg Lane, Western Fair Market, trendy restaurants, cocktail lounges, microbreweries, coffee shops, florists, bakeries, and the downtown core, this property offers versatility, reliable income, and long-term growth potential. (id:49187)

Property Details

MLS® Number X12508646
Property Type Multi-family
Community Name East L
Amenities Near By Place Of Worship, Public Transit
Community Features School Bus
Equipment Type Water Heater
Parking Space Total 4
Rental Equipment Type Water Heater

Building

Bathroom Total 2
Bedrooms Above Ground 5
Bedrooms Total 5
Amenities Separate Electricity Meters
Appliances Water Heater
Basement Development Finished
Basement Type Full (finished)
Cooling Type None
Exterior Finish Vinyl Siding
Foundation Type Block
Heating Fuel Electric
Heating Type Radiant Heat
Stories Total 2
Size Interior 1500 - 2000 Sqft
Type Duplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Land Amenities Place Of Worship, Public Transit
Size Depth 140 Ft
Size Frontage 40 Ft
Size Irregular 40 X 140 Ft
Size Total Text 40 X 140 Ft
Zoning Description Rd2-2

Rooms

Level Type Dimensions
Second Level Bathroom 2.74 m x 2.9 m
Main Level Bathroom 2.74 m x 2.9 m

Utilities

Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/29066333/784-little-grey-street-london-east-east-l-east-l

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