337-339 SAULSBURY Street East, Strathroy-Caradoc | Image 1

337-339 SAULSBURY Street East

Strathroy-Caradoc, NW

  • Commercial

$X,XXX,XXX
For Sale

Added 2 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-2 To 5 Units

  • Zoning: ROW

  • Age: 51-99 years

  • Taxes: 5148

  • MLS®#: X10404990

  • Days on Site: 10 Days

  • Added: Nov 02, 2024 (2 months ago)

  • Updated:

  • Last Checked: 11 hours ago

  • Listed By: HOMELIFE LONDON REALTY INC.

This looks like a solid investment opportunity! A 5-plex all 2 bedrooms are renovated units, finished basements, and tenants covering utilities is definitely appealing. Plus, the proximity to the hospital and major highways is a big plus. The fact that rents are below market value means there's potential for increased cash flow in the future. All 5 units have renovated kitchens, some stainless appliances, updated bathrooms, newer flooring through all of the 5 units, all newer light switches and electrical out lets and newer LED lights in most units. If you're considering this, it might be worth looking into the current market trends and rental rates in the area to get a better sense of the potential returns. What do you think?

Extras

all 5 units have renovated kitchens, some stainless appliances, updated bathrooms, brand new flooring through all of the 5 units, all new light switches and electrical out lets and new LED lights in most units..

Property

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Age: 51-99

  • Area: Strathroy-Caradoc

  • Community: NW

  • Availability Date: 30 DAYS

  • Assessment Amount: $326,000

  • Assessment Year: 2024

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Heat Type: Baseboard

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Taxes: $5,148

  • Expenses: Est

  • Insurance Fee: 5540

  • Taxes Type: Annual

  • Taxes: 5148

  • Tax Year: 2024

Land

  • Cross Street: EAST

  • Municipality District: Strathroy-Caradoc

  • Parcel Number: 085930134

  • Lot Depth: 134.08 Feet

  • Lot Frontage: 124.94 Feet

  • Zoning: ROW

Commercial Specific

  • Sprinklers: N

  • Total Area: 16963.91

  • Total Area Metric: Sq Ft

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Financial Statement: N

  • Gross Income/Sales: 70812

Map of 337-339 SAULSBURY Street East, Strathroy-Caradoc
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