360 STRATTON DRIVE, London East (East H), Ontario N5W4Z7

360 STRATTON DRIVE
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ATTENTION TO ALL INVESTORS! This solid brick 4 plex needs updates, renovations, and refurbishment. It is sold as is, where it is, with no guarantees or warranties. Present rents are way below the current rental market, due to long-term tenants. The subject property is built as a one-storey fourplex\\( quad style\\). A $20,000 deposit is required with an offer to purchase. Each unit is configured with a living room, dining room, kitchen, two beds, and a four-piece bath, along with full, partially finished basement levels. The basement levels include laundry, mechanical, and recreation room areas. All measurements are approximate, to be verified by the buyer. The kitchen and bathrooms are original, along with the original hardwood flooring, and cosmetically dated, and average or below average overall condition. The roof shingles were newer improvements along with various windows, along with two of the four furnaces. The property has 3 driveways and a single garage. The tenants are long-term with per unit rents reported at $720, $720, $750, and $750, combining to $2940 monthly and $35,280 annually, with the tenants responsible for all utilities except the hot water heater. These rents were indicative of long-term tenancies. One unit will be vacant by Jan 31st 2026 and new owner can set the rent.

Property Specifications

Comprehensive breakdown of features and details.

Interior Details

BasementFinished, N/A
Bathrooms Total4
Bedrooms Total8
CoolingNone
HeatingForced air, Natural gas

Building & Exterior

Architectural StyleBungalow
Exterior FeaturesBrick
Foundation DetailsConcrete
Parking FeaturesDetached Garage, Garage
Stories1.0

Land & Location

City RegionEast H
Frontage Length75.0 feet
Lot Size Dimensions75 x 125 FT

Listing & Financials

Listing OfficeRE/MAX CENTRE CITY REALTY INC.
Originating System NameLondon and St. Thomas Association of REALTORS®

Other Specifications

CountryCanada
Parking Total5

For Sale

$689,900

360 STRATTON DRIVE, London East (East H), Ontario N5W4Z7

Beds

8

Baths

4

Living Area

-

Lot Size

-

Property Type

Fourplex

Year Built

-

Listing IDX12676434

Location & Map

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