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$ 1,199,900
Est. payment /mo
New
340 Hill ST London, ON N6B 1E3
12 Beds
6 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision East K
MLS Listing ID X12075582
Style 3-Storey
Bedrooms 12
Annual Tax Amount $3,099
Tax Year 2025
Property Sub-Type Multiplex
Property Description
Well maintained 6 unit investment property located in SOHO at the corner of Wellington Street and Hill Street. Consisting of 1- 1 bedroom, 4- 2 bedroom and 1- 3 bedroom units along with an addtional 33' x 41' parcel of land. On-site coin laundry. Parking for 9 vehicles. Located across the street from new mixed-use housing development on South Street. Current NOI: $77,222.94. Potential for significant upside, current rents below market. The 3 bedroom unit will be vacant upon possession (market rent $1,800 per month). Zoning R3-1. Close proximity to Wellington Road and transit and within walking distance to downtown London.
Location
Province ON
County Middlesex
Community East K
Area Middlesex
Zoning R3-1
Rooms
Family Room No
Basement Unfinished
Kitchen 6
Interior
Interior Features Storage, Water Heater
Cooling Window Unit(s)
Exterior
Parking Features Reserved/Assigned
Pool None
Roof Type Asphalt Shingle
Lot Frontage 66.0
Lot Depth 33.0
Total Parking Spaces 9
Building
Foundation Block
Others
Senior Community No
Listed by A TEAM LONDON