764 King Street London, Ontario - MLS#: X8214708

$499,900

Fully leased until Feb 28, 2025. This property is a great option for the investor to add to their portfolio. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is currently tenanted with rent coming in at $2800 per month plus utilities. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. Owners are still waiting for boulevard repairs by the city but when finished the house will be sitting on a new street with public transit at the door. The 6.2 % cap rate makes this a money maker for any investor. Please allow 24 hours notice on all showings for tenants. (id:51158)

MLS# X8214708 – FOR SALE : 764 King St East L London – 3 Beds, 2 Baths Detached House ** Fully leased until Feb 28, 2025. This property is a great option for the investor to add to their portfolio. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is currently tenanted with rent coming in at $2800 per month plus utilities. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. Owners are still waiting for boulevard repairs by the city but when finished the house will be sitting on a new street with public transit at the door. The 6.2 % cap rate makes this a money maker for any investor. Please allow 24 hours notice on all showings for tenants. (id:51158) ** 764 King St East L London **

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Property Details

MLS® Number	X8214708
Property Type	Single Family
Community Name	EastL
Amenities Near By	Public Transit
Parking Space Total	3
Structure	Porch

About 764 King Street, London, Ontario

Building

Bathroom Total	2
Bedrooms Above Ground	3
Bedrooms Total	3
Appliances	Dryer, Refrigerator, Stove, Washer
Basement Development	Partially Finished
Basement Type	Full (partially Finished)
Construction Style Attachment	Detached
Cooling Type	Central Air Conditioning
Exterior Finish	Brick
Fireplace Present	Yes
Fireplace Total	1
Foundation Type	Block
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Type	House
Utility Water	Municipal Water

Land

Acreage	No
Land Amenities	Public Transit
Sewer	Sanitary Sewer
Size Irregular	33 X 164 Ft
Size Total Text	33 X 164 Ft

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Primary Bedroom	4.3 m	2.7 m	4.3 m x 2.7 m
Second Level	Bedroom 2	3.8 m	3 m	3.8 m x 3 m
Second Level	Bedroom 3	3.2 m	2.4 m	3.2 m x 2.4 m
Lower Level	Recreational, Games Room	5.4 m	3.2 m	5.4 m x 3.2 m
Lower Level	Utility Room	5 m	2 m	5 m x 2 m
Main Level	Living Room	3.7 m	3.7 m	3.7 m x 3.7 m
Main Level	Dining Room	4.1 m	3.1 m	4.1 m x 3.1 m
Main Level	Kitchen	3.5 m	2.8 m	3.5 m x 2.8 m

Utilities

Sewer	Installed
Cable	Available

https://www.realtor.ca/real-estate/26722863/764-king-street-london-eastl