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$ 1,175,000
Est. payment /mo
Price Dropped by $25K
39 Regina ST #3 & 4 London, ON N5Y 3B6
8 Beds
6 Baths
UPDATED:
02/19/2025 05:59 PM
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Subdivision East F
MLS Listing ID X11969858
Style 3-Storey
Bedrooms 8
Tax Year 2024
Property Sub-Type Multiplex
Property Description
An exceptional investment opportunity, this bundle includes two separately deeded, three-storey freehold townhomes, offering a total of four rental units in a prime location. Each townhouse features a spacious 3-bedroom, 2-bathroom main unit and a separate 1-bedroom, 1-bathroom basement unit. Boasting rooftop patios, two dedicated parking spaces per townhouse, and a highly desirable location just minutes from downtown and Western University, these properties offer both strong rental income and long-term value. With one upper unit to be vacant as of 31 March, buyers have the flexibility to owner-occupy or secure a new tenant at market rent. All other units are at market rent. Dont miss this rare chance to acquire a high-performing multi-unit investment in a sought-after neighbourhood. Each is a spacious and bright downtown 3+1 bedroom, 3 bathroom townhouse with hardwood floors, dining room, eat in kitchen with patio door to deck, most new windows throughout and 3 king size bedrooms plus one in the lower level. Second floor laundry. The third level master suite features its own private deck and 4 piece bathroom. Possibility for both units to be purchased separately. NOI approx. $65K.
Location
Province ON
County Middlesex
Community East F
Area Middlesex
Zoning R2-2
Rooms
Family Room No
Basement Apartment
Kitchen 4
Separate Den/Office 2
Interior
Interior Features In-Law Suite
Cooling Central Air
Fireplaces Number 2
Fireplaces Type Natural Gas
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 1.0
Total Parking Spaces 4
Building
Foundation Poured Concrete
Others
Senior Community No
Listed by A TEAM LONDON