281 Egerton ST new Save Request In-Person Tour Request Virtual Tour
London East,ON N5Z 2H1
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision East L
MLS Listing ID X12243385
Style 2-Storey
Bedrooms 4
Annual Tax Amount $2,078
Tax Year 2025
Property Sub-Type Duplex
Appx SqFt 1100-1500
Property 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.
Location
Province ON
County Middlesex
Community East L
Area Middlesex
Rooms
Family Room Yes
Kitchen 2
Interior
Cooling None
Exterior
Exterior Feature Deck,Porch
Pool None
Roof Type Shingles
Building
Foundation Block