840 Richmond Street , London

7 Bed / 3 Bath / $1,200,000 / MLS® Listing #:40266403

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Amazing investment opportunity in this beautifully renovated Classic Yellow Brick Triplex in North London. Ideally located only blocks from Richmond Row and UWO, and Hospital facilities. This location is sure to provide uninterrupted tenancy and secure income for years to come. The (3) three bedroom main floor unit leases for $2100 per month plus hydro, the (1) one bedroom main floor unit leases for $1,350 per month plus hydro. There is also a spacious (3) three bedroom upper floor unit that leases for $2100 per month plus hydro. A long list of renovations and upgrades include but are not limited to 40 years shingles (2010), 98% efficient Boiler (2010), electrical fully updated and separately metered (2016), triple pane windows (2009), 18 inches of blown attic insulation (2016), upgrades to both (3) three bedroom units (2016) with commercial grade laminate flooring covering area living spaces, ceramic tiles in bathrooms and kitchen floors, granite countertops, glass showers, in suite laundry, LED lighting, new plumbing and integrated smoke and CO2 detectors. The private driveway will accommodate parking for 4 vehicles. City of London Rental License validated February 2022. New water supply lines from city installed 2016. Asbestos Abatement Certification of Removal available. Fantastic turn key investment! Always Easy to Rent with so many sources in the Rental Pool for this area. All Tenants on a 12 month lease., Directions:East side of Richmond - between St. James and Grosvenor. Park on St. James and walk please. Tenants have 4 vehicles., Exclusions:

Property Details

Area East
Property Type Multi-3 Unit
Days On Our Website 25
Basement Crawl Space,Unfinished
Kitchens 0
Air Conditioning None
Heating Natural GasNatural Gas
Construction Type Brick
Exterior Brick
Roof Type Asphalt Shing
Foundation Unknown
Garages 1
Parking Type Detached Garage
Sewers Sewer (Municipal)
Water Municipal

Features

Separate Hydro Meters
Urban
Rectangular
City Lot
Hospital
Public Transit
Detached Garage

Directions:

Listing Office: FIVEWALLS REALTY, BROKERAGE

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