$499,000
302 Egerton Street, London East, ON N5Z 2G7
Property Description
Property type
Duplex
Lot size
N/A
Style
2-Storey
Approx. Area
1500-2000 Sqft
About 302 Egerton Street
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 10.8% CAP RATE! The upper unit features 3 bedrooms and 1 bath, rented at $1,800/month plus hydro. The main floor 2- bedroom, 1-bath unit was rented for $1,650/month inclusive and is now VACANT a perfect opportunity for an owner-occupier or to place new tenants at market rent. The lower level offers a well-kept 2-bedroom, 1-bath unit currently rented at$1,550/month inclusive. 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, ample rear parking, and a tankless water heater for added energy efficiency. Please note: listing photos were taken when units were vacant.
Home Overview
Last updated
Jun 4
Virtual tour
None
Basement information
Apartment, Full
Building size
--
Status
In-Active
Property sub type
Duplex
Maintenance fee
$N/A
Year built
--
Additional Details
Price Comparison
Location

Angela Yang
Sales Representative, ANCHOR NEW HOMES INC.
MORTGAGE INFO
ESTIMATED PAYMENT
Some information about this property - Egerton Street

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