281 EGERTON STREET Active Save Request In-Person Tour Request Virtual Tour
London East (east L),ON N5Z2H1
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,100 sqft
Price per Sqft $408
Subdivision East L
MLS Listing ID X12243385
Bedrooms 4
Property Description
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:24570)
Location
Province ON
Rooms
Kitchen 2.0
Interior
Heating Forced air
Exterior
Parking Features No
Fence Fenced yard
View Y/N No
Building
Story 2
Sewer Sanitary sewer