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1 Rathgar Street London East (East L), ON

$349,900
|
4 Beds
|
  2 Full
|

PROPERTY INFO

This legal side-by-side 1.5 story duplex near London's core features a separately metered very spacious split level two bed unit with basement and a main level one bed unit. Opportunity knocks for investors and owners looking for a mortgage helper opportunity. This property is calling the right buyer for occupy the vacant one bed Unit 1A with income support from the rented three bed Unit 1B (as and income property with rent potential of $3,000+/month for both units [$1,750 for currently rented Unit 1B - split level three bedroom unit with unfinished basement and $1,250 for currently vacant Unit 1A - main level one bedroom unit; each with their own parking space] ). This is a very large duplex, one of the larger ones in the area, above ground square footage on ground level and a lofted upper level in both units, along with unfinished basement space offering lots of development potential. Both units feature seperate entrances and one unit also has backyard access. 1 Rathgar Street is a solid dual income rental property or well suited for an individual or couple looking for income offset potential to live in one unit and use the rental inome to help pay down the mortgage. Property is being sold "as is/ where is" without any warranties from the Seller. Property is now being offered with vacant possession.Property includes kitchen appliances and laundry sets in each unit. This property is close to the downtown core, near to many schools, offers access to ample public transit routes, and is in close proximity to hospitals. (id:4555)

PROPERTY SPECS

Listing ID X12527174
Address 1 RATHGAR STREET
City London East (East L), ON
Price $349,900
Bed / Bath 4 / 2 Full
Construction Steel
Land Size 29.4 x 91.3 FT ; 91.33 ft x 28.69 ft x 91.26 ft x 29.46ft
Type Duplex
Status For sale

EXTENDED FEATURES

Appliances Dryer, Refrigerator, Two stoves, Two Washers, Water Heater - Tankless, Water meterBasement FullBasement Development UnfinishedParking 2Amenities Nearby Hospital, Public Transit, SchoolsCommunity Features Community Centre, School BusEquipment Water Heater, Water Heater - Gas, Water Heater - TanklessFeatures Dry, Flat siteRental Equipment Water Heater, Water Heater - Gas, Water Heater - TanklessStructure ShedBuilding Amenities Separate Electricity MetersCooling NoneFoundation BlockHeating Forced airHeating Fuel Natural gasUtility Water Municipal water Date Listed 2025-11-10 01:00:27Days on Market 120Parking 2
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226.881.0754

REQUEST MORE INFORMATION

LISTING OFFICE:
Exp Realty, Nathan Blanco
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