1051 Richmond Street, London East (east B) Property Listing: MLS® #X12316959

About 1051 Richmond Street

Embrace a prime investment opportunity with this captivating 8 bedroom home boasting a lucrative 6% cap rate, strategically positioned on Richmond St within a stone's throw to Western University, offering both convenience and potential for high returns. A quick bus trip connects you to various amenities, placing everything at your fingertips. This versatile home currently features 8 bedrooms but has the potential for effortless conversion into separate units, maximizing its income potential. Seize the opportunity to capitalize on this exceptional property, perfectly positioned near all amenities. Don't miss your chance to own this gem and unlock the full potential of this investment in a highly sought-after location. Property is also located at a future rapid transit stop providing for future re-development opportunities (details available upon request). (id:36535)

Features of 1051 Richmond Street

Listing #	X12316959
Price	$1,249,000
Bedrooms	8
Bathrooms	4.00
Half Baths	1
Acres	0.00
Type	Single Family
Sub-Type	Freehold

Community Information

Address	1051 Richmond Street
Subdivision	East B
City	London East (east B)
Province	Ontario
Postal Code	N6A3J7

Amenities

Amenities	Hospital, Place of Worship, Public Transit
Parking Spaces	2
Parking	No Garage
Is Waterfront	No
Has Pool	No

Interior

Appliances	Dishwasher, Dryer, Stove, Washer, Refrigerator
Heating	Natural gas Forced air
Fireplace	No
# of Stories	3
Has Basement	Yes
Basement Type	N/A (Finished)
Basement Development	Finished

Exterior

Exterior	Brick, Vinyl siding
Lot Description	26.6 x 80.2 FT\|under 1/2 acre
Foundation	Block

Listing Details

Office	Courtesy Of ANISH SRIVASTAVA Of CENTURY 21 FIRST CANADIAN TRUSTED HOME REALTY INC.

1051 Richmond Street, London East (east B), Ontario