593 & 595 Talbot Street London, Ontario N6A 2T2
$1,299,900
HUGE INVESTMENT OPPORTUNITY! 2 sides of a semi, 593 and 595 Talbot Street, being sold together. Prime downtown location. When we say turnkey, we mean it: 2021 ESAs, 2021 Fire Inspections, licensed with the City of London, completely rented until April 30th 2022. Between both semis, there are 10 bedrooms, 5 bathrooms, 2 kitchens, parking for 6. New, fixed term leases beginning May 1st 2021: 593 Talbot is rented May 1st 2021 to April 30th 2022 for $650 x 5 bedroom ($3,250/unit) plus utilities. 595 Talbot $600 x 5 bedroom ($3,000/unit) plus utilities (returning group for 3rd year there: rented under current market value.) That is a yearly income of $75,000. Landlord pays property tax and insurance ONLY. No vacancies in the past 6 years. Water tanks are owned. Well-kept property with many updates over the years: steel roof (2016), 2 rear exterior doors (2016), fence along rear of parking lot (2018), brick repointing (2019), rear eavestroughs (2021), custom front railings (2021). #593 interior updates: kitchen (2016), laundry room (2016), new main level flooring (2018), upstairs bathroom (2019), 2 windows (2020), several light fixtures (2021). #595 interior updates: Main floor bath (2018), Laundry room (2018), newer dishwasher, washer, and dryer. Zoned OC4 R3-1 : Office Conversion Zone & Residential R3. This is a great investment to add to any portfolio! (id:20429)
Property Details
| MLS® Number | 40091920 |
| Property Type | Single Family |
| Amenities Near By | Hospital, Park, Public Transit, Shopping |
| Communication Type | High Speed Internet |
| Equipment Type | None |
| Features | Park Setting, Park/reserve, Paved Driveway, Sump Pump |
| Parking Space Total | 6 |
| Rental Equipment Type | None |
| Structure | Porch |
Building
| Bathroom Total | 5 |
| Bedrooms Above Ground | 10 |
| Bedrooms Total | 10 |
| Architectural Style | 2 Level |
| Basement Development | Unfinished |
| Basement Type | Partial (unfinished) |
| Constructed Date | 1880 |
| Construction Style Attachment | Detached |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors |
| Fixture | Ceiling Fans |
| Foundation Type | Brick |
| Half Bath Total | 1 |
| Heating Type | Other |
| Stories Total | 2 |
| Size Interior | 4532.7700 |
| Type | House |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access, Rail Access |
| Acreage | No |
| Fence Type | Partially Fenced |
| Land Amenities | Hospital, Park, Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| Size Frontage | 45 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Oc4 R3-4 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | 3pc Bathroom | 8'10'' x 7'90'' | ||
| Second Level | Dining Room | 15'10'' x 13'0'' | ||
| Second Level | Kitchen | 14'50'' x 9'10'' | ||
| Second Level | Bedroom | 13'30'' x 10'90'' | ||
| Second Level | Bedroom | 39'8'' x 39'8'' | ||
| Second Level | 5pc Bathroom | 9'70'' x 7'50'' | ||
| Second Level | Den | 9'70'' x 9'70'' | ||
| Second Level | Bedroom | 13'40'' x 10'60'' | ||
| Second Level | Bedroom | 13'60'' x 12'90'' | ||
| Second Level | Bedroom | 20'80'' x 12'11'' | ||
| Main Level | 4pc Bathroom | 8'70'' x 5'20'' | ||
| Main Level | Laundry Room | 10'20'' x 9'80'' | ||
| Main Level | Family Room | 13'80'' x 11'0'' | ||
| Main Level | Bedroom | 11'30'' x 9'90'' | ||
| Main Level | Bedroom | 13'20'' x 9'90'' | ||
| Main Level | Bedroom | 14'70'' x 13'20'' | ||
| Main Level | Bedroom | 13'10'' x 12'60'' | ||
| Main Level | Bedroom | 14'40'' x 13'10'' | ||
| Main Level | 2pc Bathroom | 5'0'' x 4'50'' | ||
| Main Level | 3pc Bathroom | 9'20'' x 2'90'' | ||
| Main Level | Laundry Room | 13'50'' x 9'10'' | ||
| Main Level | Living Room | 13'80'' x 13'70'' | ||
| Main Level | Kitchen | 16'60'' x 13'50'' |
Utilities
| DSL* | Available |
| Electricity | Available |
| Natural Gas | Available |
https://www.realtor.ca/real-estate/23019530/593-595-talbot-street-london
Interested?
Contact us for more information
Anita Pimentel
Salesperson
(519) 601-1167
facebook.com/anitadreamhome
linkedin.com/in/anitadreamhome/
twitter.com/AnitaDreamHome
11b-395 Wellington Road South
London, Ontario N6C 5Z6
(519) 601-1160
(519) 601-1167
www.therealtyfirm.ca
Will Harris
Salesperson
(519) 601-1167
11b-395 Wellington Road South
London, Ontario N6C 5Z6
(519) 601-1160
(519) 601-1167
www.therealtyfirm.ca
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
London and St. Thomas Association of REALTORS®
The Realty Firm Inc.
April 13 2021 04:42:28
