551 Hale Street London, Ontario N5W 1H9
$3,100,000
15 Apartment units available at 551 Hale Street, London, Ontario, 3 two bedrooms, and the remainder one bedroom apartments. This Historic Building has endless opportunities, on almost an Acre of land there ir potential the ability to knock down the addition done in the 60's thus adding a possibility of some higher density such as 3 Storey building with 30 units. See the plans keeping the existing building with adding 3 4 plex's on the side street. This Area of the city is easy to rent and very high demand. The building has been managed by local property management and an out of town landlord. Seller may be willing to take back a mortgage on approved credit OAC. Two of the apartments are available to be seen and upon or after an accepted offer the other units will be available to view. Seller would prefer a 30 to 60 day close at the latest. Please look at documents for more information (id:44022)
Property Details
| MLS® Number | 40254141 |
| Property Type | Multi-family |
| Amenities Near By | Airport, Hospital, Public Transit, Shopping |
| Community Features | Quiet Area |
| Features | Laundry- Coin Operated |
| Parking Space Total | 20 |
Building
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Brick |
| Fire Protection | Unknown, None |
| Heating Type | Hot Water Radiator Heat |
| Stories Total | 3 |
| Utility Water | Municipal Water |
Parking
| Visitor Parking |
Land
| Acreage | No |
| Land Amenities | Airport, Hospital, Public Transit, Shopping |
| Landscape Features | Landscaped |
| Sewer | Sanitary Sewer |
| Size Frontage | 140 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Cf3 |
https://www.realtor.ca/real-estate/24471775/551-hale-street-london
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June 08 2022 05:09:56
London and St. Thomas Association of REALTORS®
Nu-Vista Premiere Realty Inc., Brokerage