420 Egerton Street London, Ontario N5W 3Z3
$650,000
ATTENTION INVESTORS 7%+ CAP! Welcome to 420 Egerton St, this is the opportunity you’ve been waiting for. Recently renovated (2022) duplex with an additional bachelor unit in the basement! BOTH 2 BEDROOM UNITS ARE Vacant, previously rented for $1800/mo each! Select your tenants and generate an estimated $3600! additionally, basement unit generates $1000/month incl. $100/month from coin laundry and the garage is currently rented for $400/ month. This cash flowing property is ideally situated and close to many amenities including Western Fair complex and 100 Kellogg Lane! A perfect addition to your investment portfolio or great opportunity for first time home buyer with mortgage helper! With a 5.5%, 30 year amortized, 80% LTV mortgage, you could cashflow upwards of $1350/month once fully occupied. Book your showing today. (id:20872)
Property Details
| MLS® Number | 40447806 |
| Property Type | Multi-family |
| Amenities Near By | Place Of Worship, Public Transit, Schools |
| Communication Type | High Speed Internet |
| Community Features | Community Centre |
| Equipment Type | Water Heater |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 3 |
| Bedrooms Total | 4 |
| Basement Development | Partially Finished |
| Basement Type | Full (partially Finished) |
| Constructed Date | 1930 |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Brick, Vinyl Siding |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1110 |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| Detached Garage |
Land
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Place Of Worship, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 75 Ft |
| Size Frontage | 33 Ft |
| Size Irregular | 0.057 |
| Size Total | 0.057 Ac|under 1/2 Acre |
| Size Total Text | 0.057 Ac|under 1/2 Acre |
| Zoning Description | R2-2 |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/25834502/420-egerton-street-london
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
September 05 2023 04:41:14
London and St. Thomas Association of REALTORS®
Century 21 First Canadian Corp., Brokerage