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175 Colborne ST London East, ON N6B 2S3
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Key Details
Sold Price $450,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision East K
MLS Listing ID X12387606
Style 2-Storey
Annual Tax Amount $3,114
Tax Year 2024
Property Sub-Type Duplex
Property Description
Price Improvement! 175 Colborne Street, London, Duplex! Asking $499,000. Purpose-built duplex located just south of London's downtown core in the up-and-coming SOHO area of sale. This duplex consists of 2 two-bedroom, one bathroom apartments that comes with parking and in-unit laundry. Both units are currently leased and bring in $36,816 annually. The tenants are responsible for the hydro. The gas, water, and water heater rentals are paid by the Landlord. the Upper 2 Bedroom $1428 + Hydro and the Lower 2 Bedroom $1640 + Hydro. The 2024 Gross Income is $36,816 with a total 2024 NOI = $30,785.21.
Location
Province ON
County Middlesex
Community East K
Area Middlesex
Rooms
Bedrooms 4
Bathrooms 2.0
Family Room Yes
Kitchen 2
Interior
Cooling Central Air
Exterior
Parking Features Available
Pool None
Roof Type Asphalt Rolled
Building
Building Age 31-50
Foundation Concrete
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