Coldwell Banker The Real Estate Centre Brokerage

$449,000

281 EGERTON Street, London, Ontario

4 Bedrooms

2 Bathrooms

Property

MLS® Number: 40745557

Address: 281 EGERTON Street

City: London

Exterior: Concrete

Utilities

Heating: Forced Air, Natural Gas

Parking

Parking Spaces: 6

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)

Property Sale History

Travel and Neighbourhood

Very Walkable

Location

James Kowalewski
James Kowalewski

REALTOR® Broker

RE/MAX Escarpment

Contact James Kowalewski