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London & Area Real Estate Listing

697 HALE ST
London, Ontario, N5W1J1

For Sale
$799,000
697 HALE ST697 HALE ST697 HALE ST697 HALE ST

Totally renovated and fully rented, this multi-unit property with a mix of commercial and residential tenants is ready to go. The list of upgrades is long and includes new steel support beams in basement, plumbing, two layers of ¾ inch fire resistant drywall, insulation, electrical (transformer and hydro metres), siding, windows, roof, staircases, walls, kitchen cabinets, washrooms, fire doors and floors. All work was done with city permits and complies to current building codes. Earn extra money with recently completed laundry room. Save money with the 7 owned water heaters (2 yrs old). Income and expense statement available upon request. Gross annual income $67,758.00 annual operating expenses $10,507.82, net income $57, 520.18. Zoning permits several different uses for commercial spaces. (id:12086)


Property Specification

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Architectural StyleMulti-level,Multi-Unit
HeatingBaseboard heaters
Levels2
Parking Total7
Property TypeMulti-family
SewerMunicipal sewage system


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Disclaimer

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These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.

Listing courtesy of: OLIVER & ASSOCIATES POWER TEAM REAL ESTATE BROKERAGE INC.