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:4069)
Address
281 EGERTON Street
List Price
$449,000
Property Type
Multi-family
Type of Dwelling
Duplex
Transaction Type
sale
Area
Ontario
Sub-Area
London
Bedrooms
4
Bathrooms
2
Floor Area
2,128 Sq. Ft.
MLS® Number
40745557
Listing Brokerage
Coldwell Banker The Real Estate Centre Brokerage
Basement Area
Full (Finished)
Postal Code
N5Z2H1
Zoning
R2-2
Site Influences
Park, Schools
