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1 Rathgar Street London, Ontario N5Z 1Y3

4 Bedroom 2 Bathroom 1505 sqft
None Forced Air

$349,900

This legal side-by-side 1.5 story duplex near London's core features a separately metered very spacious split level two bed unit with basement and a main level one bed unit. Opportunity knocks for investors and owners looking for a mortgage helper opportunity. This property is calling the right buyer for occupy the vacant one bed Unit 1A with income support from the rented three bed Unit 1B (as and income property with rent potential of $3,000+/month for both units [$1,750 for currently rented Unit 1B - split level three bedroom unit with unfinished basement and $1,250 for currently vacant Unit 1A - main level one bedroom unit; each with their own parking space] ). This is a very large duplex, one of the larger ones in the area, above ground square footage on ground level and a lofted upper level in both units, along with unfinished basement space offering lots of development potential. Both units feature seperate entrances and one unit also has backyard access. 1 Rathgar Street is a solid dual income rental property or well suited for an individual or couple looking for income offset potential to live in one unit and use the rental inome to help pay down the mortgage. Property is being sold as is/ where is without any warranties from the Seller. Property is now being offered with vacant possession.Property includes kitchen appliances and laundry sets in each unit. This property is close to the downtown core, near to many schools, offers access to ample public transit routes, and is in close proximity to hospitals. (id:42029)

Property Details

MLS® Number 40786920
Property Type Multi-family
AmenitiesNearBy Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
CommunityFeatures Industrial Park, Community Centre, School Bus
EquipmentType Water Heater
ParkingSpaceTotal 2
RentalEquipmentType Water Heater
Structure Shed

Building

BathroomTotal 2
BedroomsTotal 4
BasementDevelopment Unfinished
BasementType Full (unfinished)
ConstructedDate 1909
CoolingType None
ExteriorFinish Vinyl Siding
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 1505 Sqft
Type Duplex
UtilityWater Municipal Water

Parking

Open

Land

AccessType Road Access, Highway Access
Acreage No
FenceType Fence
LandAmenities Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
SizeDepth 91 Ft
SizeFrontage 29 Ft
SizeIrregular 0.061
SizeTotal 0.061 Ac|under 1/2 Acre
SizeTotalText 0.061 Ac|under 1/2 Acre
ZoningDescription R2-2

https://www.realtor.ca/real-estate/29085588/1-rathgar-street-london

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Nathan Blanco
Salesperson


Exp Realty
7-871 Victoria Street North Unit: 355
Kitchener, Ontario N2B 3S4

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