$399,900

514 Egerton Street

London ON, N5W 3Z7

Description

Investor Alert! Turnkey Investment Property Close to Downtown with 3 units at an excellent cap rate. Over 3500/month ($42,000 annual) potential market rent. Two units freshly turnover vacant ready for your tenant, main floor tenant would like to stay. Potential Market rents 1295/month + 1195/month + 1095/month, bonus potential income from detached garage as storage rented. Plenty of parking in the rear. Upper and Main floor units are both 2 bed, 1 bath and lower unit is 1 bed, 1 bath.

Details

MLS#40026456
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site62

Features

SQ Feet1,800
Units3
Building(s)1
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Area Information
ProvinceON
CountyMiddlesex
CityLondon
Postal CodeN5W 3Z7
AreaEast
Listing VS Median (in N5W 3Z7)
Price:
$399,900
low | high
Med:
$399,900
50% of Average
SqFt:
1,800
low | high
Med:
1,800
50% of Average
$ / SqFt:
$222
low | high
Med:
$222
50% of Average
On Site:
62
low | high
Med:
62
100% of Average
Listing Updated: November 25, 2020 8:00:39 PM PST
AJAY AHEER LogoMLS Number: 40026456
Listing Provided By:
AJAY AHEER  of  INVESTORS CHOICE REALTY INC.
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