100 Mamelon ST new Save Request In-Person Tour Request Virtual Tour
London,ON N5Z 1Y1
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
MLS Listing ID X10425637
Style Bungalow
Bedrooms 3
Annual Tax Amount $2,812
Tax Year 2023
Property Description
A Great Investment Opportunity 100 Mamelon Street, London Located on a quiet, mature street, the first thing you'll notice is the extensive driveway with parking for 4 cars. This charming yellow brick property features a spacious main floor with a bedroom, a huge foyer, a welcoming living room, and 9-foot ceilings throughout. The main floor also offers a large eat-in kitchen with vinyl-clad windows and a 4-piece bathroom.Venturing downstairs, you'll find a finished basement complete with a third bedroom, ample storage space, and a convenient laundry room. The original white trim and baseboards add a touch of character to the home.In addition, this property includes a separate back unit with its own entrance. Inside, you'll find a walk-in kitchen with bright windows, a spacious bedroom with large windows, and a comfortable living room. The unit is complemented by a 4-piece bathroom that has been completely renovated, featuring newer floors and ceramic tiling.What sets this property apart is the fact that both units are currently owner-occupied, allowing you the flexibility to either rent them out as they are or add your own finishing touches to the front unit, which consists of 2 + 1 bedrooms. The possibilities for maximizing rental potential are endless.Whether you're an investor seeking a turnkey opportunity or someone looking to personalize and enhance the property's value, this side-by-side duplex offers incredible potential. The beauty of this investment lies in the buyer's ability to renovate both units and the freedom to determine your own rental rates.Currently priced as the best-value duplex in the area, and if not the absolute top choice, it is undoubtedly a close second. The property has one meter for utilities, with the tenants sharing the costs equally or as per the landlord's preference.Don't miss out on this rare chance to own a versatile property. Contact us today to schedule a viewing and seize this remarkable investment opportunity.
Location
Province ON
County Middlesex
Area East L
Rooms
Family Room Yes
Basement Finished
Kitchen 1
Separate Den/Office 1
Interior
Interior Features Primary Bedroom - Main Floor,Storage Area Lockers,Separate Hydro Meter
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Landscaped,Paved Yard,Year Round Living
Garage Available,Private
Garage Spaces 4.0
Pool None
Waterfront No
Waterfront Description None
View City,Clear,Downtown
Roof Type Asphalt Shingle
Topography Flat
Parking Type None
Total Parking Spaces 4
Building
Unit Features Clear View,Fenced Yard,Public Transit,School Bus Route
Foundation Block
Others
Security Features Carbon Monoxide Detectors,Smoke Detector