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Listed by Coldwell Banker Power Realty.
808 TALBOT Street is a Duplex, 2-Storey and is currently for Sale @ $849,900. Taxes in 2024 were $7,488.00.
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Turnkey licensed duplex in prime Old North location-steps to Gibbons Park and walking distance to UWO, St. The 2-Storey on 808 TALBOT Street has 6 bedrooms, 2 bathrooms, and is located on a 164.09 x 41.01 ft loton < .50 acres in the community of East B . Josephs Hospital, and Downtown London. High-demand rental area with proximity to transit, shopping, and entertainment as well as direct bus route to UWO. This extremely well-maintained property features a private double drive and 5 designated parking spots-rare and income-generating. Upper unit offers 4 bedrooms at $3,339/month. Main floor is a 2 bedroom unit leased at $2,100/month. Both units are leased until April 30, 2026. Annual rental income: $65,268 + $1,800/year from parking = $67,068 total. Each unit has in-suite laundry. Owner pays heat ($1,835/year) and hydro ($3,246/year). Recent upgrades include new furnace and a/c (2018), roof and skylights (2016), owned water heater and fresh paint throughout. Strong cap rate with potential for rent increases upon tenant turnover. This is an exceptional investment in a high-demand location with proven income and long-term value growth.
2 Refrigerators, 2 Stoves, Dishwasher, 2 Washers, 2 Dryers
The address 808 TALBOT Street was listed for sale (MLS# X12130084) on Wednesday, May 07, 2025.