360 Stratton Dr

For Sale 79 Days
$759,999
beds
baths
9,354 Sqft

360 Stratton Dr

For Sale 79 Days
$759,999
beds
baths
9,354 Sqft

Highlights

Key insights

Description

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 drivewasys and a single garage. The tenants are long-term with per unit rents reported at $720, $720, $750 and $750, combining to $2940 monthly and $35,280 annually with the tenants responsible for all utilities except the hot water heater. These rents were indicative of long-term tenancies. (id:63267)

SHERRY FARID of RE/MAX CENTRE CITY REALTY INC.,
#X12319665
updated 4 days ago.
Houseful checked MLS® for data 4 days ago.

Home overview

Amenities / Utilities
  • Heat source
    Natural gas
  • Heat type
    Forced air
Exterior
  • # parking spaces
    4
Location
  • Subdivision
    East h
Lot/ Land Details
  • Lot dimensions
    0.215
Overview
  • Lot size (acres)
    0.22
  • Building size
    9354
  • Listing #
    X12319665
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28679286/360-stratton-drive-london-east-east-h-east-h
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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