Turnkey investment generating over 6% Cap rate! 2mins walk across the street to Fanshawe College Main Campus and 5 minutes walk to convenience stores and restaurants. Currently set up as student rental with 5 bedrooms fully rented till August 31 2025. Current total rent is 3425$/month. 3 bedrooms on the second floor with a full bathroom, 2 bedrooms in the lower level with large windows and a full bathroom. Spacious living room and dining area and updated kitchen on the main level. Appliances included, and water heater owned. A/C newly replaced in 2021. Fully renovated in 2022. Video tour and cashflow breakdown are available upon request. Great investment opportunity! (id:4555)
PROPERTY SPECS
Listing ID X12143657
Address 21 - 190 FLEMING DRIVE
City London East (East D), ON
Price $435,000
Bed / Bath 5 / 3 Full
Construction Aluminum siding, Brick
Type Row / Townhouse
Status For sale
EXTENDED FEATURES
AppliancesDishwasher, Dryer, Refrigerator, Stove, Washer, Water HeaterBasementFullBasement DevelopmentFinishedParking1Community FeaturesPet RestrictionsEquipmentNoneFeaturesFlat siteMaintenance FeeCommon Area Maintenance, Insurance, ParkingOwnershipCondominium/StrataRental EquipmentNoneStructurePorchCoolingCentral air conditioningFoundationPoured ConcreteHeatingForced airHeating FuelNatural gasDate Listed2025-05-13 16:01:28Days on Market4Parking1
