29 SPRINGBANK DRIVE, London South (South E), Ontario

LEGAL/LICENSED triplex with permits in place for duplex ARU build in rear yard! Excellent opportunity for those looking to live in with a mortgage helper or for investors looking to expand their portfolio with significant upside! Inside you will find 2 out of 3 units vacant. 1x 2 bed/1 bath, previously rented for $2050/month, 1x bachelor unit which could rent for an estimated $1100/month and one excellent legacy tenant. Most big ticket items have been completed in the time the owner has owned this property including, but not limited to: updated electrical, updated plumbing, attic and basement insulation, almost all windows, hot water tanks are owned, all units renovated, not to mention almost $20,000 spent for duplex plans and permits. This property is in an excellent A+ location, walking distance to Wortley Village, downtown AND park trails. Bus to Western University is just around the corner. Large detached garage and 5 parking spots! Large 50x175 lot. (id:56426)