$ 1,700,000
-
$1,700,000
Price -
0
Bed - Bath
-
6,000
SqFt
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About the Listing 396202 -
Excellent Investment Opportunity! Purpose-built, all-brick 9-unit apartment building featuring 6 two-bedroom, 2 one-bedroom, and 1 bachelor unit. Fully rented with great tenants, offering stable cash flow and minimal vacancy risk. Prime location near Fanshawe College, Northland Mall, bus routes, and easy 401 access. Gross rental income is $141,291 with an NOI of $94,896. Attractive assumable financing available (approx. 2.69%, subject to lender approval - contact listing agent for details). Perfect for gradual rent increases through natural turnover and updates. Tenants pay rent + hydro. Features include new boiler, coin-op laundry, ample parking, and exterior paint/siding updated in 2022.
Listing Highlights for 139 Godfrey Dr
Status
Active
Days on Site
4
Property Type
Commercial Sale
MLS ®
X12494896
Year Built
Total Square Footage
6,000
Lot/Acreage
12465
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: No
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $16,778
- Taxes w/Assessments: N/A
- Tax/Property ID: 081020351
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
139 Godfrey Dr London East, ON N5V 2E8
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