ON > London
London, ON N5Z 1Y1,100 Mamelon ST
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London, ON N5Z 1Y1,100 Mamelon ST
London, ON N5Z 1Y1,100 Mamelon ST
London, ON N5Z 1Y1,100 Mamelon ST
London, ON N5Z 1Y1,100 Mamelon ST
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Philip Ramos

Philip Ramos

+1(647) 973-7355
$ 429,000
Est. payment /mo
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100 Mamelon ST London, ON N5Z 1Y1

3 Beds

2 Baths

UPDATED:

11/15/2024 03:07 PM

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

State 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

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

Listed by SUTTON GROUP - SELECT REALTY

Philip Ramos

+1(647) 973-7355

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100 Mamelon ST