302 Egerton Street, London East, ON

$499,000

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5

Beds

3

Baths

1,500

Square feet

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% 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 is rented for $1,750/month inclusive till August 30/26. 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.

Features of 302 Egerton Street

MLS® # X12377252
Price $499,000
Bedrooms 5
Bathrooms 3.00
Square Footage 1,500
Type Residential Freehold
Sub-Type Duplex
Style 2-Storey
Status Active

Community Information

Address 302 Egerton Street
Area Middlesex
Subdivision East M
City London East
Province ON
Postal Code N5Z 2G7

Amenities

Parking Spaces 4
Garages None
Is Waterfront No
Pool None

Interior

Heating Forced Air
Cooling Central Air
Fireplace No
Basement Apartment, Full

Exterior

Exterior Brick

Listing Details

OfficeCENTURY 21 FIRST CANADIAN CORP

Listing Map

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