197 BARKER STREET
London East, Ontario, N5Y1Y2
For Sale | $729,900 | 8 beds | 3 baths
Key facts
- Property type: Multi-family
- Structure: Triplex
- Transaction: For Sale
- Price: $729,900
- Bedrooms: 8
- Bathrooms: 3
- Lot size: 68 x 87.7 FT ; 68.12 ft x 102.55 ft x 44.68 ft x 6.52 f
- Parking: 6
- Listing key: 29731207
Listing overview
Turnkey triplex in Carling Heights, This solid all-brick property is just minutes from Fanshawe College, Western University, Hospitals, Downtown and multiple bus routes-making it a prime location for strong, consistent rental demand. Offering two spacious 3-bedroom units and one well-designed 2-bedroom lower-level suite, each with separate entrances. Currently fully tenanted with reliable AAA tenants, generating $58,000 in gross annual revenue. Additional investor-friendly features include separate hydro meters, 6 parking spaces, a coin-operated laundry room generating approximately $600 per year. Situated on a generous lot, the property has been well maintained with key updates including a new flat roof (2022), cedar deck (2023), and chimney repair (2022). This is a rare opportunity in a high-demand rental area. Don't miss your chance to own 197 Barker Street! (id:25314)
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