Listed by Keller Williams Lifestyles.

64 Duchess Avenue is a Multiplex, 2 1/2 Storey and is currently for Sale @ $1,499,900. Taxes in 2023 were $6,546.02.

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Discover this 5 Plex at 64 Duchess Ave, located in the heart of one of Canadas most sought-after neighbourhoods, Wortley Village. The 2 1/2 Storey on 64 Duchess Avenue has 7 bedrooms, 5 bathrooms, and is located on a 107.54 x 93.63 ft loton < .50 acres in the community of South F . This fully tenanted building boasts AAA tenants across two spacious 2-bedroom units and three 1-bedroom units, ensuring steady and reliable income. On-site laundry, 6 hydro meters, 1 water meter, and 1 gas meter adds to the propertys appeal, making it easy to manage and operate. The property holds an active rental license with the City of London. Net Operating Income of $81,901.84 and a current cap rate of 5.46%, this is a solid investment in a thriving community with potential for upside! Located on a corner lot in Wortley Village, known for its vibrant atmosphere and voted one of the best neighbourhoods in Canada, this property offers a turn key opportunity to invest in a highly desirable location. The property features modern conveniences with individual temperature control for each unit, allowing tenants to manage their own temperature settings for optimal comfort. With two driveways providing a total of 10 parking spots, parking is ample. Inquire about competitive financing options.

The address 64 Duchess Avenue was listed for sale (MLS# X9300237) on Thursday, September 05, 2024.