4 Bedroom
2 Bathroom
1,100 - 1,500 ft2
Forced Air
$449,000
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:50976)
Property Details
MLS® Number
|
X12243385 |
Property Type
|
Multi-family |
Community Name
|
East L |
Amenities Near By
|
Park |
Parking Space Total
|
6 |
Structure
|
Deck, Porch |
Building
Bathroom Total
|
2 |
Bedrooms Above Ground
|
3 |
Bedrooms Below Ground
|
1 |
Bedrooms Total
|
4 |
Amenities
|
Separate Electricity Meters |
Appliances
|
Dryer, Two Stoves, Washer, Two Refrigerators |
Basement Features
|
Separate Entrance |
Basement Type
|
Full |
Exterior Finish
|
Concrete Block |
Foundation Type
|
Block |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Stories Total
|
2 |
Size Interior
|
1,100 - 1,500 Ft2 |
Type
|
Duplex |
Utility Water
|
Municipal Water |
Parking
Land
Acreage
|
No |
Fence Type
|
Fenced Yard |
Land Amenities
|
Park |
Sewer
|
Sanitary Sewer |
Size Depth
|
130 Ft |
Size Frontage
|
40 Ft |
Size Irregular
|
40 X 130 Ft |
Size Total Text
|
40 X 130 Ft |
Rooms
Level |
Type |
Length |
Width |
Dimensions |
Second Level |
Kitchen |
2.54 m |
2.26 m |
2.54 m x 2.26 m |
Second Level |
Bedroom |
3.89 m |
3.2 m |
3.89 m x 3.2 m |
Second Level |
Bedroom |
2.95 m |
3.38 m |
2.95 m x 3.38 m |
Second Level |
Living Room |
5.05 m |
2.95 m |
5.05 m x 2.95 m |
Basement |
Bedroom |
2.9 m |
3.28 m |
2.9 m x 3.28 m |
Basement |
Laundry Room |
3.45 m |
3.28 m |
3.45 m x 3.28 m |
Basement |
Utility Room |
4.06 m |
3.53 m |
4.06 m x 3.53 m |
Main Level |
Kitchen |
4.44 m |
3.15 m |
4.44 m x 3.15 m |
Main Level |
Living Room |
3.99 m |
6.3 m |
3.99 m x 6.3 m |
Main Level |
Bedroom |
4.2 m |
3.33 m |
4.2 m x 3.33 m |
https://www.realtor.ca/real-estate/28516826/281-egerton-street-london-east-east-l-east-l