281 Egerton St

For Sale 71 Days
$449,000
4 beds
2 baths
2,128 Sqft

281 Egerton St

For Sale 71 Days
$449,000
4 beds
2 baths
2,128 Sqft

Highlights

Key insights

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:55581)

Lisa Malcolm of Coldwell Banker The Real Estate Centre Brokerage,
#40745557
updated 2 months ago.
Houseful checked MLS® for data 2 months ago.

Home overview

Amenities / Utilities
  • Cooling
    None
  • Heat source
    Natural gas
  • Heat type
    Forced air
  • Sewer/ septic
    Municipal sewage system
Exterior
  • # total stories
    2
  • Construction materials
    Concrete block, concrete walls
  • # parking spaces
    6
Interior
  • # full baths
    2
  • # total bathrooms
    2.0
  • # of above grade bedrooms
    4
Location
  • Subdivision
    East l
Overview
  • Lot size (acres)
    0.0
  • Building size
    2128
  • Listing #
    40745557
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28524451/281-egerton-street-london
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-1,197

/ Month
25 Years fixed, 20% down payment, % interest
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%
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