340 Hill Street

London, East K

Description

Well maintained 6 unit investment property located in SOHO at the corner of Wellington Street and Hill Street. Consisting of 1- 1 bedroom, 4- 2 bedroom and 1- 3 bedroom units along with an addtional 33' x 41' parcel of land. On-site coin laundry. Parking for 9 vehicles. Located across the street from new mixed-use housing development on South Street. Current NOI: $77,222.94. Potential for significant upside, current rents below market. The 3 bedroom unit will be vacant upon possession (market rent $1,800 per month). Zoning R3-1. Close proximity to Wellington Road and transit and within walking distance to downtown London.

This multiplex home located at 340 Hill Street, London, ON N6B 1E3 is currently for For Sale and has been available on Wedu.ca for days. This property is listed at CA$1M. It has 12 beds, 6 bathrooms, and is 3000-3500 square feet. The property is N/A years old. 340 Hill Street, London, ON N6B 1E3 is in London neighborhood East K.