184 Simcoe St, London

184 Simcoe St, East K, London N6B1H9

2-Storey, Fourplex Property
13 + 5 Rooms Total, 3 + 1 Kitchens
4 Parking Spaces

38.55 x 197.74

Finished, Sep Entrance Basement
Brick Exterior

**Seller Willing To Hold Financing!** 1St Mortgage @6%/Yr**Legal Rent Increases Due(+$100/M)** Well Managed, Turn Key In Good Repair! Brick Building With 5 + Parking, 4 Separate Meters, Coin Washer & Dryer. Unit#1($1,640/M): Front Door Access On Main Level, 1+1 Bed, 4 Pcs Bath, Recently Renovated, Pot Lights , Laminate Flooring. Unit#2($1,050/M): Access Through Rear, Main Level Door, 1 Bed, 4 Pcs Bath, Renovated With Pot Lights & Laminated Floor. Unit#3($1,300/M): Access Through Rear Main Level Door, Use Common Area Stair To Second Level, 1 Bed, 4 Pcs Bathroom , Eat In Kitchen, Laminate Flooring. Unit#4($1,230/M): Access Through Rear Lower Level Door, 1 Bed+Den, Kitchen Living Combined, 4 Pcs Bathroom. Coin Laundry ($150/M): Through Rear Lower Level Door, Landlord Pays Electric Meter For Common Area Coin Laundry, Storage & Utility Room. All Units Heated By Baseboard Electric. Deep Lot For Additional Potential. R3-1 Zoning Allows Fourplex. This Property Currently ***Under Power Of Sale*** Buyer Will Complete Their Own Due Diligence, Accept The Property As Is. Seller Cannot Offer Any Warranties. Net Income $55,759 (Buyer To Verify)

Any Chattels Remaining On The Property Not Belonging To Tenants

Pl Lt 8,Nw Simcoe Strret, As In 860919; London

4-piece on ground level
4-piece on bsmt level
4-piece on upper level

Main Level, 4.46m x 3.24m