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219 Emerson Avenue London South (South H), ON

$599,900
|
4 Beds
|
  2 Full
|

PROPERTY INFO

Welcome to 219 Emerson Avenue - a purpose-built duplex that not only delivers convenience andversatility, but also stands out as a strong cash-flowing investment. With projected rents of $1,950 +utilities for the upper unit and $1,950 + utilities for the lower unit, this property is forecasted to generate just over $47,000 in annual rental income, operating at an impressive 5.7% cap rate. Each of the twospacious 2-bedroom units features in-suite laundry, separate gas and hydro meters, and ample on-siteparking - high-demand features that support premium market rents. Sitting on a deep lot in one ofLondon's most convenient pockets, the home is minutes from Victoria Hospital and surrounded byrestaurants, shopping, and essential amenities, offering the perfect blend of comfort and accessibility.Delivered with full vacant possession, this duplex gives investors the rare advantage of selecting their owntenants at true market rates. Depending on how quickly you act, you may still have the opportunity to stepin and place your own tenant - or even take over one of the units for an ideal house-hack setup whileenjoying a move-in-ready home. Whether you're building your portfolio or looking for a smart way to reduce living costs, 219 Emerson Avenue is a versatile, income-generating opportunity you won't want to miss. (id:4555)

PROPERTY SPECS

Listing ID X12665306
Address 219 EMERSON AVENUE
City London South (South H), ON
Price $599,900
Bed / Bath 4 / 2 Full
Style Raised bungalow
Construction Brick, Vinyl siding
Land Size 38 x 273.7 FT
Type Duplex
Status For sale

EXTENDED FEATURES

Appliances Dryer, Refrigerator, Stove, WasherBasement FullBasement Development FinishedParking 4Amenities Nearby Hospital, Place of Worship, SchoolsEquipment Water HeaterFeatures In-Law SuiteRental Equipment Water HeaterBuilding Amenities Fireplace(s), Separate Electricity Meters, Separate Heating ControlsCooling Wall unitFoundation Poured ConcreteHeating Baseboard heaters, Not known, Radiant heatHeating Fuel Electric, Natural gasUtility Water Municipal water Date Listed 2026-01-06 17:01:27Days on Market 17Parking 4
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226.881.0754

REQUEST MORE INFORMATION

LISTING OFFICE:
Prime Real Estate Brokerage, Nathan Smith
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