Looking for a solid investment? Want to be a part of helping the community? With forty years invested by the present owner in putting together and running this rooming house portfolio, he is ready to retire and pass on what has been a rewarding business. With 85 rooms spread out over 6 solid properties, you can run a business which is as socially rewarding as it is a solid business. Rarely any vacancies but easy to rent if any do come up. Many long term tenants. Come take a tour and see if this is for you. All properties must be sold together which include 572 & 578 Colborne Street, 415 Central Avenue, 256 Burwell Street and 250 & 256 Wharncliffe Rd S.
MLS# | 40081287 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 28 |
SQ Feet | 5,300 |
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Units | 2 |
Building(s) | 1 |
Area Information | |
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Province | ON |
County | Middlesex |
City | London |
Postal Code | N6B 2T8 |
Area | East |
Listing VS Median (in N6B 2T8) | |
Price: $4,999,900 low | high Med: $4,999,900 SqFt: 5,300 low | high Med: 5,300 $ / SqFt: $943 low | high Med: $943 On Site: 28 low | high Med: 28 Sourced by Back At You |