7 Bedroom
2 Bathroom
1,757 ft2
Fireplace
Central Air Conditioning
Forced Air
$669,900
Explore this meticulously renovated home, presenting a lucrative investment opportunity with potential monthly earnings of up to $6,000. This expansive property boasts 7 bedrooms on a sizable lot of 79.81 x 216.9 feet. The main floor features 4 bedrooms, complemented by 3 additional bedrooms in the newly renovated basement. Each level includes complete living areas, fully equipped kitchens, and modern bathrooms, perfect for generating rental income, accommodating in-law suites, or multi-generational living. With a separate basement entrance ensuring privacy and convenience, the property offers flexibility—live in one section while renting out the other, or maximize returns by leasing the entire space. Benefit from a strong cap rate ranging from 8% to 10%. Additional features such as a durable metal roof, an extended paved driveway for 8 cars, and a spacious backyard enhance rental appeal. Positioned on an expansive lot, this property not only provides a comfortable residence but also promises a path to financial success. Schedule a showing today to witness the potential for profitable returns and adaptable living arrangements—your journey to financial freedom begins here! (id:31697)
Property Details
|
MLS® Number
|
40608660 |
|
Property Type
|
Single Family |
|
Amenities Near By
|
Park |
|
Community Features
|
Quiet Area |
|
Equipment Type
|
Water Heater |
|
Features
|
Southern Exposure |
|
Parking Space Total
|
8 |
|
Rental Equipment Type
|
Water Heater |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Above Ground
|
4 |
|
Bedrooms Below Ground
|
3 |
|
Bedrooms Total
|
7 |
|
Appliances
|
Dishwasher, Dryer, Refrigerator, Stove, Washer |
|
Basement Type
|
None |
|
Constructed Date
|
1952 |
|
Construction Style Attachment
|
Detached |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Brick |
|
Fireplace Fuel
|
Wood |
|
Fireplace Present
|
Yes |
|
Fireplace Total
|
1 |
|
Fireplace Type
|
Other - See Remarks |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
1,757 Ft2 |
|
Type
|
House |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Park |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
217 Ft |
|
Size Frontage
|
80 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
R2-2 |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
Bedroom |
|
|
11'0'' x 10'0'' |
|
Second Level |
Bedroom |
|
|
11'0'' x 10'3'' |
|
Second Level |
Bedroom |
|
|
10'0'' x 9'0'' |
|
Second Level |
Primary Bedroom |
|
|
15'0'' x 11'0'' |
|
Basement |
3pc Bathroom |
|
|
Measurements not available |
|
Basement |
Kitchen |
|
|
6'0'' x 5'0'' |
|
Basement |
Bedroom |
|
|
8'6'' x 9'9'' |
|
Basement |
Bedroom |
|
|
8'0'' x 10'6'' |
|
Basement |
Bedroom |
|
|
9'3'' x 10'7'' |
|
Main Level |
4pc Bathroom |
|
|
Measurements not available |
|
Main Level |
Living Room |
|
|
15'0'' x 11'0'' |
|
Main Level |
Kitchen |
|
|
13'0'' x 11'0'' |
https://www.realtor.ca/real-estate/27070416/24-fairview-court-london
