302 Egerton Street London East, Ontario N5Z 2G7
$499,000
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:50886)
Property Details
MLS® Number | X12377252 |
Property Type | Multi-family |
Community Name | East M |
Features | In-law Suite |
Parking Space Total | 4 |
Building
Bathroom Total | 3 |
Bedrooms Above Ground | 5 |
Bedrooms Below Ground | 2 |
Bedrooms Total | 7 |
Amenities | Separate Electricity Meters |
Appliances | Water Meter |
Basement Features | Apartment In Basement |
Basement Type | Full |
Cooling Type | Central Air Conditioning |
Exterior Finish | Brick |
Foundation Type | Block |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Stories Total | 2 |
Size Interior | 1,500 - 2,000 Ft2 |
Type | Duplex |
Utility Water | Municipal Water |
Parking
No Garage |
Land
Acreage | No |
Sewer | Sanitary Sewer |
Size Depth | 100 Ft |
Size Frontage | 33 Ft |
Size Irregular | 33 X 100 Ft |
Size Total Text | 33 X 100 Ft |
Zoning Description | R2-2 |
https://www.realtor.ca/real-estate/28805502/302-egerton-street-london-east-east-m-east-m
Contact Us
Contact us for more information
Daniel Brzozowski
Salesperson
(519) 673-3390
Rob Hanson
Salesperson
(519) 204-5055