CENTURY 21 FIRST CANADIAN CORP

$499,000

302 EGERTON STREET, London East, Ontario

7 Bedrooms

3 Bathrooms

Property

MLS® Number: X12377252

Address: 302 EGERTON STREET

City: London East

Exterior: Brick

Utilities

Central Air: Yes

Heating: Forced Air, Natural Gas

Parking

Parking Spaces: 4

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. (id:52316)

Property Sale History

Travel and Neighbourhood

Very Walkable

Location

Marc Freeman
Marc Freeman

REALTOR® Salesperson

RE/MAX Escarpment

Contact Marc Freeman