Rotate your device back to portrait Mode!
Rotate your device back to portrait Mode!
BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$899,900
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
Welcome to this wonderful opportunity to own a classic all-brick LEGAL & LICENSED DUPLEX in one of London's most sought-after neighbourhoods. This beautifully maintained property offers an ideal combination of character, convenience, and income potential. Key features: All-Brick Construction: Timeless and durable, this duplex exudes classic appeal. Desirable Old South: Situated in a highly sought-after neighborhood known for its tree-lined streets, historic charm, and sense of community. Income Potential: Perfect for investors looking for a turnkey opportunity grossing $4K per month. Unit 1: Open concept with 2 bed, 1.5 bath lots of natural light throughout, living room with gas fireplace. Unit 2: Updated 2 bed, 2 bath with awesome loft room. Bright and spacious with gas fireplace and separate outdoor deck overlooking mature trees. Parking for 5 cars. Well-Maintained: This duplex has been lovingly cared for and is in excellent condition. Nearby Amenities: Conveniently located near schools, parks, shops, restaurants, and public transit. Easy Commute: Quick access to major routes makes commuting a breeze. The character and location of this property make it an excellent investment in London's real estate market. Don't miss out on this chance to own a piece of Old South's history and become a part of this vibrant and welcoming community. Schedule your showing today and envision the possibilities this charming duplex holds! (id:39198)
Location
Province
Ontario
City
London
Address
18 Belgrave Avenue
Postal Code
N6C4B4
Location Highlights
N/A
Listed by
CENTURY 21 FIRST CANADIAN CORP., BROKERAGE Ontario listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
2,320
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
N/A
Financial Information
Yearly Rate
$899,900
Asking Price
$899,900
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
N/A
NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
N/A
Gross Revenue- annual
N/A
Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
2,320
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
Save this Listing
Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
