Investment · For sale

581 William Street S, London East

$875,000

Listing brokerage: NU-VISTA PINNACLE REALTY BROKERAGE INC · MLS® X14129506

Listing brokerage

NU-VISTA PINNACLE REALTY BROKERAGE INC

Type

Investment

Deal

For sale

Category

Commercial · Investment and multi-residential

Size

3,200 sq ft

Lot

45.8 x 75.27 ft

Area

East B

MLS® number

X14129506

Description

Outstanding investment! 7 Vacant Units Name your own rents! In the heart of Woodfield!This legal seven-unit residential building is ideally situated at the corner of William Street and Central Avenue, close to Richmond Row , Victoria Park, Central Medical Complex , .All seven units are currently vacant, giving a new owner the opportunity to renovate, reposition and establish current new Rents with potential to produce $9100 Monthly or $109,000,00 Anualy. The property features seven separately metered units, plus an additional house hydro meter. Parking is available at both the front and rear of the property, with additional street parking nearby.The units require updating and TLC, providing excellent potential to enhance the building and create strong future revenue. This is an ideal addition to an investment portfolio, or an excellent opportunity for an owner-occupier to live in the spacious front unit while generating income from the remaining six apartments.VTB possibly available to approved individuals , Some pictures have been AI enhanced