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419 RICHMOND STREET, London, Ontario, N6A3C8

419 RICHMOND STREET, London, Ontario (ID 196199)
Representative
Linds Modrzynski portrait
Linds Modrzynski
Sales Representative
RE/MAX Centre City Realty Inc., Brokerage - London*
Tel: 519- 667-1800

$699,999 - For sale

ID#:196199

Turn-key mixed use commercial/residential property in the heart of Downtown London. Located on Richmond St., near Dundas St. in a high visibility building with great street presence. Exposure to thousands of cars each day and pedestrian traffic along the new Dundas Place Flex Street. Main floor retail space, approx. 400 square feet leased to Nails Enprive for 3 years, lease expiring on April 30, 2022. Two residential apartments have been updated and are rented at $1,500 and $795 per month. Shared laundry facilities onsite. Net operating income of $31,497-Year 1, $32,697-Year 2 and $33,897-Year 3. Excellent return on investment. Copy of commercial lease and income and expense statements available upon request. Just around the corner from Budweiser Gardens and Fanshawe College-Downtown Campus. Ample public parking nearby. Illuminated sign band included. Brand new furnace and central air servicing retail unit. Do not miss this opportunity to build your real estate portfolio! (id:2471)

Virtual Tour Property Details
  • Property Address:419 RICHMOND STREET, London, Ontario, N6A3C8
  • Property Type:Multi-family
  • Acreage:under 1/2 acre
  • Sewage Type:Sanitary sewer
  • Water Type:Municipal water
Structure Details for 419 RICHMOND STREET, London, Ontario, N6A3C8
  • Structure Style:Multi-Family
  • Building Age:1948
  • Square Footage:1375 sqft
  • Heating Type:Natural gas, Baseboard heaters, Forced air
  • Exterior Type:Brick, Stucco
Representative for 419 RICHMOND STREET, London, Ontario, N6A3C8
Linds Modrzynski portrait
Linds Modrzynski
Sales Representative
RE/MAX Centre City Realty Inc., Brokerage - London*
Tel: 519- 667-1800
Request Information
Mortgage Calculator Inputs
Mortgage Calculator Results
Note: All calculations for informational purposes only, and should be verified.
Get Pre-Approved

Listing Office: CENTURY 21 FIRST CANADIAN CORP

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419 RICHMOND STREET, London, Ontario, N6A3C8

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