512 William St

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Listing Description

Nestled in the heart of London, this 6 unit apartment building combines prime downtown convenience with charming historic character. Just steps from vibrant shopping, cafe's, and public transit. This property features 3 spacious 2-bedroom suites and 3 cozy 1-bedroom suites. 5 units enjoy abundant natural light and functional layouts, making them highly desirable for young professionals, small families or students seeking easy access to everything London has to offer. The classic brick façade is complemented by a covered front porch creating an inviting streetscape and exceptional curb appeal. Inside, timeless architectural details shine throughout. Rich hardwood floors (in most units) flows under beautifully maintained wood mouldings, whole high ceilings enhance the sense of space. Some kitchens and bathrooms have been thoughtfully updated to blend modern conveniences with period style. At the rear, a private parking lot accommodates all six tenants, ensuring hassle-free vehicle access in this bustling downtown setting. Currently the main floor unit has two parking spaces. This property not only captures old world warmth but also promises a solid, turn-key rental income with the perfect opportunity for an owner occupied 2 bedroom spacious main floor unit. Allowing for 5 units to cover all the mortgage payments. Gross income over $76,000 a year. Projected market rents over $100,000.
6 fridges, 6 stoves, 1 washer & 1 dryer. All smoke detectors