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For Sale · London South

163 Emerson Street

London, ON · MLS® X13243428

Listing courtesy of STREETCITY REALTY INC.

$574,000

163 Emerson Street — photo 1
Bedrooms
4
Bathrooms
3
Square Feet
1,100–1,500
Year Built
Lot Size
39.83 × 158.4 Feet
Property Type
Duplex
Neighbourhood
London South
Status
For Sale

About this home

PROPERTY OVERVIEW AND INCOME: This legal duplex, permitted and converted in 2021, is located on a quiet street close to the hospital, frequently attracting medical professionals. The front unit features 2 bedrooms and 1 bathroom, occupied by long-term tenants at $1,200 permonth. The larger rear unit features 2 bedrooms and 2 bathrooms, rented as a mid-term furnished unit for $2,890 per month, and will be sold fully furnished. Total gross monthly income is $4,090.2021 CAPITAL IMPROVEMENTS: The entire property underwent a full, permitted renovation in 2021. Upgrades for both units include 2 full kitchens, 2 bathrooms, 2 forced-air furnaces, 2 hot water heaters, 2 otr microwaves, and 2 in-suite washers, and dryers. Exterior improvements feature new siding across the entire structure and newly added decks for each unit, each complete with natural gas barbecue connections and bbq's included! This property is immediately ready for rental income.

Features

  • Approximate age: 51-99
  • Basement: Partially Finished
  • Garage: None
  • 4 parking spaces
  • Cooling: Central Air
  • Heating: Forced Air
  • 2 kitchens

Location

Approximate location, geocoded from the listing address.

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