165 THURMAN CIR Active Save Request In-Person Tour Request Virtual Tour
London,ON N5V 4Z1
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision East G
MLS Listing ID X11986342
Style Bungalow-Raised
Bedrooms 3
Annual Tax Amount $4,389
Tax Year 2024
Property Sub-Type Detached
Property Description
Prime Investment Opportunity Legal 6-Bedroom Raised Ranch Near Fanshawe College! Located in an A+ rental location, this legal 6-bedroom raised ranch is a turnkey investment with a proven track record of high demand. Just a short walk to Fanshawe College, this property has never experienced a vacancy, consistently renting well in advance of the school year.Featuring high ceilings in the basement, updated flooring, and a new furnace & A/C (2024), Washer and Dryer (2022) this home is well-maintained. With tenants currently paying utilities, this investment generates $4,800/month ($57,600 annually), offering a cash flow of $1,370/month with 25% down and a 30-year amortization. Leases are secured until May 1, 2026, ensuring stability and peace of mind for investors.A rare find in an unbeatable locationdont miss out on this high-income, low-vacancy rental property!
Location
Province ON
County Middlesex
Community East G
Area Middlesex
Rooms
Family Room Yes
Kitchen 1
Interior
Cooling Central Air
Exterior
Exterior Feature Porch Enclosed,Deck
Parking Features Private
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Building
Foundation Poured Concrete