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For Sale · London East

302 Egerton Street

London, ON · MLS® X12845686

Listing courtesy of CENTURY 21 FIRST CANADIAN CORP

$499,000

302 Egerton Street — photo 1
Bedrooms
7
Bathrooms
3
Square Feet
1,500–2,000
Year Built
Lot Size
33 × 100 Feet
Property Type
Duplex
Neighbourhood
London East
Status
For Sale

About this home

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 was rented for $1,750/month inclusive, currently vacant. 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.

Features

  • Basement: Apartment, Full
  • Garage: None
  • 4 parking spaces
  • Cooling: Central Air
  • Heating: Forced Air
  • 3 kitchens

Location

Approximate location, geocoded from the listing address.

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