131 Sackville Street, London | Image 1

131 Sackville Street

London, East L

  • 3 bed 1 bath
$480,000 est.*: $1,626/mo
For Sale

Added 3 months ago

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  • Type: Detached

  • Style: 1 1/2 Storey

  • Lot Size: 30.41 x 155.87 Acres

  • Age: No Data

  • Taxes: $2,250 per year

  • Days on Site: 76 Days

  • Added: Feb 14, 2024 (3 months ago)

  • Updated:

  • Last Checked: 4 hours ago

  • MLS®#: X8193900

  • Listed By: Nu-vista premiere realty inc., brokerage

Investment Opportunity Awaits in this Turnkey Duplex on a Serene Street. Take advantage of this chance to own a property where each unit offers its own appeal. The main floor features a cozy one-bedroom layout with a full four-piece bathroom, currently leased at $1,200/month inclusive. Upstairs, the two-bedroom unit with one bathroom rents for $1,100/month inclusive. Both units are occupied, ensuring immediate income potential. Recent updates include new windows and doors installed in 2020, fresh laminate flooring, ceramic tiles, and paint throughout. Each kitchen has been recently renovated and comes fully equipped with modern appliances, including two fridges, two gas stoves, and two over-the-range microwaves. Additional features include a spray foam-insulated basement, 100 amp service, and a sprinkler system. This all-brick home boasts a high-efficiency furnace, central air, and sits on a deep lot spanning 159 feet. With tenants already in place, this property presents a seamless opportunity for investors. The basement offers potential for further development into an additional bachelor unit with its own walk up entrance, adding even more value to this investment. Showings require 24 hours' notice.

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Property

  • Status: Sale

  • Property Type: Detached

  • Style: 1 1/2 Storey

  • Area: London

  • Community: East L

  • Availability Date: Flexible

  • Assessment Amount: $154,000

  • Assessment Year: 2024

Inside

  • Bedrooms: 3

  • Bathrooms: 1

  • Kitchens: 2

  • Rooms: 8

  • Den/Family Room: No

  • Air Conditioning: Central Air

  • Fireplace: No

  • Washrooms: 1

Utilities

  • Electricity: Yes

  • Gas: Yes

  • Cable: Yes

  • Telephone: Yes

Building

  • Basement: Full

  • Basement 2: Sep Entrance

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Brick

  • Exterior: Vinyl Siding

  • Elevator: N

  • Water Supply: Municipal

  • Special Designation: Unknown

  • Retirement: N

Parking

  • Driveway: Mutual

  • Garage Type: None

  • Covered Parking Spaces: 3

  • Total Parking Spaces: 3

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 97 PLAN 395(3RD) AS IN 436544; S/T & T/W LC85868 LONDON

  • Taxes: $2,250

Land

  • Cross Street: Turn North Onto Sack

  • Municipality District: London

  • Fronting On: West

  • Parcel Number: 083050043

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 155.87 Acres

  • Lot Frontage: 30.41 Acres

  • Acres: < .50

  • Zoning: R2-2

  • Easements Restrictions: Subdiv Covenants

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