175 Grey Street London, Ontario N6B 1G2
$950,000
The Investments Group is pleased to present 175 Grey Street, a true value-add investment opportunity in London, Ontario. The property will be sold vacant with approved renovation permits to complete eight new units: one 3-bedroom, four 2-bedroom, and three 1-bedroom apartments, catering to the city's growing rental demand. Supported by multiple quotes for the work and professional property management, this property is primed for a seamless renovation process. Updates already completed include a new steel roof, boiler heating system, hot water tanks, and separately metered hydro. (id:61015)
Property Details
| MLS® Number | 40691807 |
| Property Type | Multi-family |
| Neigbourhood | Wortley Village |
| Amenities Near By | Public Transit, Schools |
| Parking Space Total | 5 |
Building
| Bedrooms Total | 14 |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Vinyl Siding |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 3,307 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 138 Ft |
| Size Frontage | 51 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R3-1 |
https://www.realtor.ca/real-estate/27823312/175-grey-street-london
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February 28 2025 10:27:56
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