Fantastic investment opportunity with strong in-place cash flow and great tenants already secured. This up/down duplex is well-maintained and priced to reflect an attractive cap rate, making it a smart choice for investors seeking a turnkey addition to their portfolio. Formerly a triplex, the property is currently configured as two separate units with private entrances, separate hydro meters, shared laundry, and dedicated outdoor storage for each apartment. The main floor unit offers 9 ceilings, stainless steel appliances, and additional finished space in the basement including a rec room and denideal for tenant retention and rental value. The upper 1-bedroom unit is bright and welcoming, with solid income in place. Outside, theres parking for up to six vehicles and open space with potential to build a garage, offering further long-term value. Whether you're looking to grow your portfolio or enter the market with a reliable asset, this property delivers on both stability and upside. (id:52316)
COLDWELL BANKER THE REAL ESTATE CENTRE
$449,000
281 EGERTON STREET, London East, Ontario
4 Bedrooms
2 Bathrooms
Property
MLS® Number: X12243385
Address: 281 EGERTON STREET
City: London East
Exterior: Concrete Block
Utilities
Heating: Forced Air, Natural Gas
Parking
Parking Spaces: 6
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Property Sale History
Travel and Neighbourhood
75/100Walk Score®
Very Walkable
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Location
