Fully renovated 2 unit home located in desirable Old North neighbourhood steps from UWO. This property is currently leased out for $7,000/month plus utilities and is perfect for investors looking for a turnkey property with strong cash flow. The primary unit features 5 bedrooms and 3 full baths including 4 bedrooms on the second level with 2 full baths and 1 bedroom on the main floor with 1 full bath, oversized kitchen and welcoming family room. This unit has been rented to a group of 5 with a wait list for 2024-2025 if the current tenants do not renew. The secondary unit is located in the lower level and includes 1 bedroom plus den, family room, kitchen and full bath. Separate access to lower level. Both units have their own laundry. The property comes with an oversized attached double car garage that can be rented to local neighbours or potentially converted to a 3rd dwelling unit with the new City of London bylaw changes. Garage is equipped with plumbing and electrical. Plenty of parking on site. Furnace & A/C recently replaced in 2020, new Roof in 2016. This property is conveniently located walking distance to UWO, Gibbons Park, Downtown London and the Masonville Mall district. Current cap rate is 7.5%. Seller will offer free property management services for 1 year and guarantee the current rents until April 30, 2025. (id:6769)