1576 RICHMOND ST
LONDON, Ontario N6G2M6

Tudor North! Cash flow, Cash flow, Location, Location is the best way to describe this New 12 unit, 58 Bdrm student property. Just under an acre, this property has an existing Tudor Mansion that was fully renovated to the studs in 2015, to create two legal 4 Bdrm units, also built in 2015, two blocks of town homes, totaling 10 more units, 5 legal Bdrms per unit. This property can not be duplicated, it is outside of the near campus neighbourhood bylaw allowing more than 3 Bdrms per unit. These units are fully furnished with stainless steel appliances, laundry, kitchen table with chairs, living room furniture, and a 42 inch TV in all common rooms. Every bedroom includes a bed, dresser, desk chair, end table, TV, and a bar fridge. Minutes to UWO, University Hospital, Masonville mall, and all area bus routes. Fully rented until May 2017, $695/bedroom, Net Income $403,720.00 (2731973)