302 Egerton ST new Save Request In-Person Tour Request Virtual Tour
London East,ON N5Z 2G7
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision East M
MLS Listing ID X12377252
Style 2-Storey
Bedrooms 7
Annual Tax Amount $2,045
Tax Year 2024
Property Sub-Type Duplex
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 plus hydro. The main floor 2-bedroom, 1-bath is rented for $1,750/month. The lower level offers a 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.
Location
Province ON
County Middlesex
Community East M
Area Middlesex
Rooms
Family Room No
Kitchen 3
Interior
Cooling Central Air
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Building
Foundation Block