1281 Gramercy Park Place, London | Image 1

1281 Gramercy Park Place

London

  • - bed - bath - sqft
$X,XXX,XXX Listed: $X,XXX,XXX
Sold

Sold on Dec 14, 2021

Note: Property is not currently for sale or for rent.

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  • Type: Multiplex

  • Style: 3-Storey

  • Size: 3000 sqft

  • Lot Size: 76.19 x 104.17 Feet

  • Age: No Data

  • Taxes: $5,442 per year

  • Days on Site: 19 Days

  • Added: Nov 25, 2021 (2 weeks on market)

  • Updated:

  • Last Checked: 3 hours ago

  • MLS®#: X5442116

  • Listed By: Thrive realty group inc., brokerage

Wow! Turn-Key Investment Opportunity With This Fully Rented 3-Storey Brick Building. Six Units Featuring 5 Two-Bedroom Units And 1 One-Bedroom Unit. 6 Hydro Meters. Gas Boiler Heating. Parking For 6 Cars. Coin-Op Laundry. Many Updates Throughout Including 4 Of 6 Units Renovated With New Kitchens, Bathrooms, Fixtures And Flooring.

Extras

Majority Of Windows Replaced In 2019. Coin-Op Laundry. Gross Income Approximately $71,401, Expenses $18,387.50 And Net Income Approximately $53,014. These Purpose-Built Investment Opportunities Are Rare!

Status

  • Days on Market: 19

  • Last Status: Sold

  • Sold Date: Dec 14, 2021

  • Closed Date: Mar 30, 2022

  • Expiry Date: Feb 28, 2022

  • Sold Price: $1,160,000

  • Unavailable Date: Dec 14, 2021

  • Input Date: Nov 25, 2021

  • Prior LSC: Listing with no contract changes

Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: 3-Storey

  • Size (sq ft): 3000

  • Area: London

  • Availability Date: Immediate

Inside

  • Bedrooms: 8

  • Bedrooms Plus: 3

  • Bathrooms: 6

  • Kitchens: 6

  • Rooms: 29

  • Den/Family Room: No

  • Air Conditioning: None

  • Fireplace: No

  • Laundry Level: Lower

  • Washrooms: 6

Utilities

  • Electricity: Yes

  • Gas: Yes

Building

  • Basement: Full

  • Heat Type: Heat Pump

  • Heat Source: Gas

  • Exterior: Brick

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Private

  • Garage Type: None

  • Covered Parking Spaces: 6

  • Total Parking Spaces: 6

Fees

  • Tax Year: 2021

  • Tax Legal Description: Lt 8 Plan 826 S/T 82666 London/London Twp

  • Taxes: $5,442

Land

  • Cross Street: Oakland Ave.

  • Municipality District: London

  • Fronting On: South

  • Parcel Number: 082990132

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 104.17 Feet

  • Lot Frontage: 76.19 Feet

  • Zoning: R9-2

  • Waterfront: None

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Map of 1281 Gramercy Park Place, London
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