302 Egerton Street, London East (East M), ON N5Z2G7
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Listing Type
Multi Family
Listing Status
active
27
$499,000
Home Details for 302 Egerton Street
Price
$499,000
Type
Residential Income
Bedrooms
7
Bathrooms
3.0
Square feet
NaN
Parking
Days on site
19
Listing #
X12377252
Property Description
Fantastic investment opportunity in the heart of London - All brick Duplex is currently being used as a Triplex - Annual income of +$60,000 delivering a +10% CAP RATE! The upper unit features 3 bedrooms and 1 bath, rented at $1,800/month to month plus hydro. The main floor 2-bedroom, 1-bath is rented for $1,750/month inclusive till August 30/26. The lower level offers a 2-bedroom, 1-bath unit currently rented at $1,550/month inclusive month to month. A great choice for first-time investors or those looking to expand their portfolio, don't miss out! Each unit has its own private entrance and in-suite laundry, plus there are two hydro meters, one furnace, ample rear parking, and a tankless water heater for added energy efficiency. Please note: listing photos were taken when units were vacant. (id:31684)
Property Features
Heating Information
Forced Air
Natural Gas
Cooling Information
Central Air
Listing Courtesy: CENTURY 21 FIRST CANADIAN CORP
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