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$1,800,000
57 Oliver St, London, ON N5Z 2E8
0 Beds
0 Baths
n/a sqft

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Rare find, purpose built 12 unit building in up-and-coming area of London. This property consists of 5 2-Brm units, 6 1-Brm units and 1 bachelor unit. Units have separate hydro meters and building has a brand-new boiler installed summer 2021. This is a quit street close to all amenities. Ample parking on site with well-maintained common areas. Net income of approx. $47,000 with potential for increase. Tenants need 48-hour notice to view units.
  • Price:
  • $1,800,000
  • Year Built:
  • 1970
  • Listing ID #:
  • 40163905
  • Street Address:
  • 57 Oliver St
  • City:
  • London
  • Province:
  • Ontario
  • Postal Code:
  • N5Z 2E8
  • County:
  • Middlesex
  • Community:
  • East
  • Subarea:
  • East L
  • Listing Status:
  • Active
  • Listing Type:
  • Residential Income
  • Age Of Dwelling:
  • 51-99 Years
  • Approximate Square Footage Range:
  • 9001 To 10, 000
  • Basement Type:
  • Full Basement
  • Construction Description:
  • Brick, Wood
  • Construction Type:
  • Detached
  • Exterior Features:
  • Year Round Living
  • Foundation Material:
  • Poured Concrete
  • Has Basement:
  • 1
  • Interior Features:
  • Separate Hydro Meters
  • Type Of Roof:
  • Asphalt Rolled
  • Year Built:
  • 1970
  • Year Built Description:
  • Estimate
  • Year Built Source:
  • Estimated
  • Annual Electric Expenses:
  • 3000.00
  • Annual Maintenance Expenses:
  • 6680.84
  • Annual Water/Sewer Expenses:
  • 2696.66
  • Expenses:
  • Actual
  • Net Operating Income:
  • 52614.41
  • Net Operating Income:
  • 99756.00
  • Operating Expense:
  • 47141.59
  • Approximate Lot Size Range Source:
  • Geowarehouse
  • Conforms To Zoning:
  • R8-4
  • Lot Shape:
  • Rectangular
  • Lot Size Side:
  • 193.00
  • Road Access:
  • Year Round Road
  • Location Description:
  • Urban
  • Sub Area:
  • East L
  • Property Taxes:
  • $18,384
  • Laundry Description:
  • Coin Operated, Common Area
  • Garage Parking Spaces:
  • 12.00
  • Parking Description:
  • Asphalt
  • Parking Spaces:
  • 24
  • Existing Water:
  • Municipal
  • Heating:
  • Gas Hot Water
  • Sewage Type:
  • Sanitary
  • Listing provided by Streetcity Realty Inc.
  • ONITSO

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