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908 Trafalgar ST London, ON N5Z 1G2
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Key Details
Sold Price $499,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision East L
MLS Listing ID X9392898
Style 1 1/2 Storey
Bedrooms 5
Building Age 51-99
Annual Tax Amount $2,704
Tax Year 2023
Property Sub-Type Duplex
Property Description
Welcome to 908 Trafalgar Street, a fantastic opportunity for investors or anyone looking to live in one unit while renting out the other (house hacking). This newly renovated duplex is vacant and ready for new tenants, making it easy to start earning right away. The main floor has a large 3-bedroom unit with a market rent of $2,100 a month, and the upper 2-bedroom unit with a market rent of $1,750 a month. The basement, with its 7ft ceiling and existing separate entrance, has great potential to be developed into a 2-bedroom unit, adding an estimated $1,650 per month in rental income. Altogether, this property has the potential to generate $5,500+ per month, making it a true CASH COW for any savvy investor looking for significant returns!
Location
Province ON
County Middlesex
Community East L
Area Middlesex
Zoning R2-2 BDC(38) H13
Rooms
Family Room Yes
Kitchen 2
Interior
Cooling Central Air
Exterior
Exterior Feature Porch
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Building
Foundation Poured Concrete
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