Charming Old South licensed duplex. Tucked away on a quiet street within walking distance of both the downtown and Wortley Village, this property offers a prime location. If you are looking for your first income property or to add a solid performer to your portfolio, this could be it. With a freshly remodelled main floor, two bedroom unit generating $1,750/month + hydro, as well as a bright one bedroom upper unit producing $1,113/month + hydro. Both units have their own private rear decks, as well as in-suite laundry. Roof was re-shingled in 2014, furnace replaced in 2019, as well as mostly new vinyl windows throughout. This property is truly turnkey, and in high demand. This is a great property if you have been looking to get into Old South, but prices have held you back. Enjoy one of the private units while having some help from the income of the other unit. You will love the charm of this Old South gem, and the convenience of it's location. Book your showing today. (id:20429)
MLS® Number | 40249111 |
Property Type | Multi-family |
Amenities Near By | Park, Playground, Shopping |
Features | Park/reserve, Paved Driveway |
Parking Space Total | 3 |
Bathroom Total | 2 |
Bedrooms Total | 3 |
Basement Development | Unfinished |
Basement Type | Partial (unfinished) |
Cooling Type | None |
Exterior Finish | Brick, Vinyl Siding |
Fire Protection | None |
Foundation Type | Block |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Stories Total | 2 |
Size Interior | 1500 |
Type | Duplex |
Utility Water | Municipal Water |
Acreage | No |
Land Amenities | Park, Playground, Shopping |
Sewer | Municipal Sewage System |
Size Depth | 90 Ft |
Size Frontage | 32 Ft |
Size Total Text | Under 1/2 Acre |
Zoning Description | R2 |
https://www.realtor.ca/real-estate/24331001/7-gerrard-street-london
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