1 RATHGAR Street, London, Ontario
$309,900
- 5 Beds
- 2 Baths
- 1,505 Square Feet
1 Rathgar Street is being offered as the lowest priced duplex in London by a margin of almost a hundred thousand dollars at the point of this listing! This legal side by side duplex near London's core features a three bed and two bed unit. Oppurtunity knocks, its calling the right buyer to add ample upside through a full renovation of the interior with high rent potential. This would make for a suitable purchase for a seasoned investor, ambitious first time investor or skilled tradesperson. Securing this property comes with plenty of value add and cash flow possible. The majority of above ground square footage is on the ground level, with a lofted upper level in both units. Both units feature seperate entrances and one unit has a full back yard access as well. For those open to the consideration that this property needs ample renovation of the full interior (and possible exterior work); the oppurtunity exists as a solid dual income rental property or for someone looking for income offset potential, looking to live in one unit and use the rent from the other unit to help pay down the mortgage. The location situates this property close to the downtown core, near to many elementary, secondary and specialized schools, offers access to public transist routes, and is in close proximity to hospitals. Because of the nature of this sale and the property being in need of a lot of loving attention to bring forward its best and since the current owner has never resided in the subject property, it is being sold in as is/ where is condition, where the property will not be sold with any warrenties. Presently the property has occupants that were in place as a carry over from the previous sale (not tenants and there is no active or previous lease in place or any rent arrangement past or present and have made no payments to current owners for residing in property). Sellers are working to negotiate vacant possession; however preference is for Buyer's to take on current situation. (id:23309)
- Listing ID: 40711264
- Property Type: Multi-family
- Year Built: 1909
Schedule a Tour
Schedule Private Tour
The AJ Collective would happily provide a private viewing if you would like to schedule a tour.
Match your Lifestyle with your Home
Contact the AJ Collective, who specializes in London real estate, on how to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let the AJ Collective find a property to match your lifestyle.
Listing provided by EXP REALTY
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 1 RATHGAR Street in London Ontario. It was last modified on March 28th, 2025. Contact the AJ Collective to schedule a viewing or to discover other London real estate for sale.