764 King Street, London, ON

$499,900

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3

Beds

2

Baths

1,500

Square feet

About 764 King Street

Fully leased until Feb 28, 2025. This property is a great option for the investor to add to their portfolio. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is currently tenanted with rent coming in at $2800 per month plus utilities. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. Owners are still waiting for boulevard repairs by the city but when finished the house will be sitting on a new street with public transit at the door. The 6.2 % cap rate makes this a money maker for any investor. Please allow 24 hours notice on all showings for tenants.

Features of 764 King Street

MLS® # X8214708
Price $499,900
Bedrooms 3
Bathrooms 2.00
Square Footage 1500-2000
Acres 0.00
Type Residential Freehold
Sub-Type Detached
Style 2-Storey
Status Active

Community Information

Address 764 King Street
Area Middlesex
Subdivision East L
City London
Province ON
Postal Code N5W 2X4

Amenities

Parking Spaces 3
Garages None
Is Waterfront No
Pool None

Interior

Heating Forced Air
Cooling Central Air
Fireplace Yes
Basement Full, Partially Finished
Kitchens 1

Exterior

Exterior Brick

Listing Details

OfficeINITIA REAL ESTATE (ONTARIO) LTD

Listing Map

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