398 Richmond St

London, N6A3C7
UNAVAILABLE
398 Richmond St, London
With Property
CATEGORY
3,230 Sq Ft
TOTAL AREA
X4079266
MLSID
Contact Us
Property Description
3 Storey Building Of Student Rental Apartment And A Retail Unit In Downtown London. Walking Distance To London International Academy (Lots Of Chinese Student) And Fanshawe College Digital Center. Fanshawe Will Open A New Building For Addtional Thousands Of Student. 3Br Each In 2nd And 3rd Floor (Total 6Br) And A Convenience Store In The Ground Floor. 2nd Floor Rental Income Is $1,700/Month, 3rd Floor For Owner Living Now.
Extras
Potential Gross Rental Income Is About $76,000 Annually. Roof Done In May 2013. A/C, Furnace And Hwt In 2006, Store Floor Redone In 2008. Owner Is Running The Business Now And Food Service Is Approved. It Is Under Preparation.
Property Details
Category
With Property
Usage
Convenience/Variety
Zoning
Comm/Resi
Total Area
3,230 Sq Ft
Office/Apartment Area
1,900 Sq Ft
Retail Area
1,330 Sq Ft
Lot Size
24' x 55'
Taxes
$7,892 (2017)
Washrooms
4
Air Conditioning
Yes
Listing contracted with Homelife/Bayview Realty Inc., Brokerage
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