Address
20 Adelaide Street S London, ON
Price
$ 479,900
Property Attributes
  • MLS#40179778
  • TypeMulti-Family
  • CountyMIDDLESEX
  • CityLondon
  • AreaSouth
  • NeighborhoodSouth I
  • ZipN5Z 3J8
  • StyleMulti-5 Unit
  • Taxes$ 2707
  • Price$ 479,900
  • Bedrooms7
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage1920
Listing Provided Courtesy Of:
RE/MAX HALLMARK A TEAM
Data Source:
Ontario Regional (ITSO)
Property Description

Excellent opportunity in central London! 20 Adelaide Street is a 5 plex that offers the chance to jump start your real estate investment- tons of potential for the savvy investor. Priced to reflect the possibilities for improvements and the huge upside in future rents. Close to Thompson Road Park, GA Wheable learning centre and public transit. Gross annual income of $42,353.52! Expenses of $13,072.66 meaning an annual net income of $29,280.86. Cap rate of 6.1%. This address is part of a 4-property portfolio that can be purchased individually, or together. See MLS 40179875, 40179838, 40179802, 40179778.

Elementary School High School
St. Martin Catholic ES Clarke Road SS High School
Price History
10/25/2021 Listed $479,900

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in N5Z 3J8

Price
AVG $480K
$480K
Visits
AVG 25
36
Walkscore
AVG 48
48
Data Provided by Walkscore ® not using MLS data

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