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302 Egerton Street London East (East M), ON

$499,000
|
7 Beds
|
  3 Full
|

PROPERTY INFO

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 10.8% CAP RATE! The upper unit features 3 bedrooms and 1 bath, rented at $1,800/month plus hydro. The main floor 2- bedroom, 1-bath unit was rented for $1,650/month inclusive and is now VACANT a perfect opportunity for an owner-occupier or to place new tenants at market rent. The lower level offers a well-kept 2-bedroom, 1-bath unit currently rented at$1,550/month inclusive. 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, ample rear parking, and a tankless water heater for added energy efficiency. Please note: listing photos were taken when units were vacant. (id:4555)

PROPERTY SPECS

Listing ID X12173146
Address 302 EGERTON STREET
City London East (East M), ON
Price $499,000
Bed / Bath 7 / 3 Full
Construction Brick
Land Size 33 x 100 FT
Type Duplex
Status For sale

EXTENDED FEATURES

Basement FullBasement Features Apartment in basementParking 4Features In-Law SuiteBuilding Amenities Separate Electricity MetersCooling Central air conditioningFoundation BlockHeating Forced airHeating Fuel Natural gasUtility Water Municipal water Date Listed 2025-05-26 18:01:03Days on Market 9Parking 4
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226.881.0754
robvan68@outlook.com

REQUEST MORE INFORMATION

LISTING OFFICE:
Century First Canadian Corp, Daniel Brzozowski
,
Thrive Realty Group Inc., Rob Hanson
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