Contact Melissa Cherry

What do you want to do next?

Buy a Home Sell my Home
344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London
  • 344.5 RICHMOND STREET London

344.5 RICHMOND STREET, London, Ontario

$925,000

  • 3,560 Square Feet

Welcome to 344.5 Richmond Street, an exceptional mixed-use investment opportunity offering a compelling 6.1% cap rate at the asking price. This property features two newly renovated one-bedroom residential units, currently vacant, allowing the buyer to select tenants at market rates. A recently vacated commercial unit, ideal for an owner-operator or potential partial conversion into an additional residential unit. The property has undergone significant upgrades, including a brand-new roof (2024), as well as plumbing and electrical enhancements. Each unit is equipped with separate hydro meters and baseboard electric heating, leaving the landlord responsible only for water expenses. Located in a prime downtown area, this property offers exceptional returns and endless potential. Don't miss out on this outstanding investment opportunity! (id:23309)

  • Listing ID: X11884948
  • Property Type: Multi-family
View Additional Photos

Schedule a Tour

Schedule Private Tour

Melissa Cherry would happily provide a private viewing if you would like to schedule a tour.

Match your Lifestyle with your Home

Contact Melissa Cherry, who specializes in London real estate, on how to match your lifestyle with your ideal home.
Get Started Now

Lifestyle Matchmaker

Let Melissa Cherry find a property to match your lifestyle.

Details

  • Transaction: For sale
  • Zoning Description: DA1

Building

  • Appliances: Refrigerator, Stove
  • Fireplace Present: False
  • Heating: Baseboard heaters
  • Size Interior: 3560 sqft
  • Type: Multi-Family
  • Utility Water: Municipal water

Land

  • Size Frontage: 20 ft
  • Size Irregular: 20 x 97 FT
MLS®

Listing provided by EXP REALTY
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

REALTOR®

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 344.5 RICHMOND STREET in London Ontario. It was last modified on December 6th, 2024. Contact Melissa Cherry to schedule a viewing or to discover other London real estate for sale.

Request More Information

Want more information or schedule a showing? Request more information with Melissa Cherry, who specializes in London properties.

Terms of Use Agreement

Terms of Use
This website is operated by Melissa Cherry, a REALTOR® who is a member of The Canadian Real Estate Association (CREA). The content on this property is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, Melissa Cherry, and CREA.

Copyright
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.

Trademarks
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

Liability and Warranty Disclaimer
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.

Amendments
Melissa Cherry may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.

Agree Decline