784 LITTLE GREY STREET
London East, Ontario, Ontario, N5Z1P1

Property description

An excellent investment opportunity in the heart of London! Welcome to 784 Little Grey Street, a fully tenanted duplex perfect for first-time investors, house hackers, or those looking to expand their portfolio. The main floor unit (Unit A) features three bedrooms and a 4-piece bathroom, currently rented for $1998.00 per month plus electricity. The upper unit (Unit B) offers two bedrooms and a 4-piece bathroom, rented for $1588.00 per month plus electricity. Each unit is separately metered for electricity, with tenants paying their own electricity while the landlord covers gas and water. This turn-key property is fully tenanted with AAA+ tenants, offering low maintenance and consistent cash flow. Recent upgrades include new click vinyl flooring in Unit A, a roof replacement in 2019, a large shed added in 2021, one owned tankless water heater, one rented water heater, an owned hot water radiator heating system, and an owned window-mounted A/C unit in Unit B. The property also provides parking for four vehicles (three tandem, one single). Conveniently located near 100 Kellogg Lane, the Western Fair Artisan & Farmers Market, trendy restaurants, cocktail lounges, microbreweries, coffee shops, florists, bakeries, and the downtown core, this property offers both versatility and long-term value to any portfolio!

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