302 Egerton Street, London East (East M), Ontario N5Z2G7
Listing courtesy of CENTURY 21 FIRST CANADIAN CORP.
- $499,000
- 7
- BD
- 3
- BA
- List Price
- $499,000
- Status
- ACTIVE
- Days on Market
- 190
- MLS® #
- LondonandStThomasAssociationofREALTORS-X12845686
- Bedrooms
- 7
- Bathrooms
- 3
- Subdivision
- East M
- Neighborhood
- East M
- MLS Area Major
- East M
Property Description
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:5764)
Additional Information
- Exterior Features
- Brick
- Taxes
- $2,180
- Community Features
- East M
- Appliances
- Water meter
- Heating
- Forced air, Natural gas
- Air Conditioning
- Central air conditioning
- Stories
- 2
- Foundation
- Block
- Parking Features
- No Garage
