This solid brick 4 plex needs updates, renos and refurbishment. It is sold as is, where it is, with no guarantees or warranties. Present rents are way below the current rental market, due to long-term tenants. The buyers can view one unit , and have a condition in the offer to purchase subject to inspection of other units. The subject property is built as a one-storey fourplex\( quad style\). A $50,000 deposit is required with an offer to purchase. Each unit is configured with a living room, dining room, kitchen, two beds and a four-piece bath along with full, partially finished basement levels. The basement levels include laundry, mechanical and recreation room areas. All measurements are approximate, to be verified by the buyer. The kitchen and bathrooms are original along with the original hardwood flooring and cosmetically dated and average or below average overall condition. The roof shingles were newer improvements along with various windows, along with two of the four furnaces. The property has 3 driveways and a single garage. The tenants are long-term with per unit rents reported at $720, $720, $750 and $750, combining to $1940 monthly and $23,280 annually with the tenants responsible for all utilities except the hot water heater. These rents were indicative of long-term tenancies. |
Price | $759,999 |
Taxes: | $5867.39 |
Assessment Year: | 2025 |
Occupancy: | Tenant |
Address: | 360 Stratton Driv , London East, N5W 4Z7, Middlesex |
Directions/Cross Streets: | EDMONTON AND DUNDAS |
Rooms: | 20 |
Bedrooms: | 8 |
Bedrooms +: | 0 |
Family Room: | T |
Basement: | Full, Partial Base |
Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
Room 1 | Main | Living Ro | 15.32 | 11.58 | |
Room 2 | Main | Kitchen | 13.58 | 11.41 | |
Room 3 | Main | Primary B | 12.14 | 11.41 | |
Room 4 | Main | Recreatio | 16.4 | 10.99 |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 4 | Main |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 | |
Washroom Type 6 | 4 | Main |
Washroom Type 7 | 0 | |
Washroom Type 8 | 0 | |
Washroom Type 9 | 0 | |
Washroom Type 10 | 0 |
Total Area: | 0.00 |
Approximatly Age: | 51-99 |
Property Type: | Fourplex |
Style: | Bungalow |
Exterior: | Brick |
Garage Type: | Other |
(Parking/)Drive: | Private |
Drive Parking Spaces: | 4 |
Park #1 | |
Parking Type: | Private |
Park #2 | |
Parking Type: | Private |
Pool: | None |
Approximatly Age: | 51-99 |
Approximatly Square Footage: | 2500-3000 |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Forced Air |
Central Air Conditioning: | None |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Sewers: | Sewer |
Utilities-Cable: | Y |
Utilities-Hydro: | Y |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX CENTRE CITY REALTY INC. |
|
Book Showing | Email a Friend |
Type: | Freehold - Fourplex |
Area: | Middlesex |
Municipality: | London East |
Neighbourhood: | East H |
Style: | Bungalow |
Approximate Age: | 51-99 |
Tax: | $5,867.39 |
Beds: | 8 |
Baths: | 4 |
Fireplace: | N |
Pool: | None |